Filed February 27, 2023
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 8-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,253 | $81,900-78.9% | $119,609-85.6% | $68,494-74.8% |
| Participation rate | 78.7% | 71.9%+6.8pp | 79.3%-0.5pp | 67.9%+10.8pp |
| Annual return | -17.90% | -23.82%+5.9pp | -14.97%-2.9pp | -7.84%-10.1pp |
| Employer contribution / active EE | $450 | $2,693-83.3% | $4,232-89.4% | $2,596-82.7% |
| Participant deferral / active EE | $2,205 | $4,148-46.8% | $5,602-60.6% | $4,027-45.3% |
| Admin fee / account holder | $574 | $6,582-91.3% | $10,323-94.4% | $5,403-89.4% |