Filed February 4, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,684 | $58,694+23.8% | $142,863-49.1% | $85,850-15.3% |
| Participation rate | 47.9% | 58.5%-10.6pp | 71.9%-24.1pp | 69.3%-21.4pp |
| Annual return | 11.18% | 27.72%-16.5pp | 5637.54%-5626.4pp | 318.53%-307.4pp |
| Employer contribution / active EE | $1,196 | $1,423-15.9% | $4,144-71.1% | $2,565-53.4% |
| Participant deferral / active EE | $2,937 | $2,607+12.6% | $3,837-23.5% | $3,952-25.7% |
| Admin fee / account holder | $3,106 | $4,239-26.7% | $6,560-52.6% | $6,260-50.4% |