Filed March 6, 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 10-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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $152,006 | $109,413+38.9% | $156,263-2.7% | $84,808+79.2% |
| Participation rate | 65.1% | 72.7%-7.6pp | 78.9%-13.8pp | 68.3%-3.2pp |
| Annual return | 16.54% | 20.18%-3.6pp | 59.47%-42.9pp | 40.90%-24.4pp |
| Employer contribution / active EE | $3,081 | $2,907+6.0% | $4,333-28.9% | $2,631+17.1% |
| Participant deferral / active EE | $5,772 | $4,590+25.8% | $6,158-6.3% | $4,212+37.0% |
| Admin fee / account holder | $2,558 | $9,357-72.7% | $14,255-82.1% | $7,344-65.2% |