Filed September 14, 2021
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.
Participant 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,645 | $109,881+22.5% | $150,045-10.3% | $84,808+58.8% |
| Participation rate | 24.0% | 76.1%-52.1pp | 82.3%-58.3pp | 68.3%-44.3pp |
| Annual return | 14.62% | 28.25%-13.6pp | 62.55%-47.9pp | 40.90%-26.3pp |
| Employer contribution / active EE | $938 | $3,561-73.7% | $4,693-80.0% | $2,631-64.4% |
| Participant deferral / active EE | $1,622 | $6,636-75.6% | $7,997-79.7% | $4,212-61.5% |
| Admin fee / account holder | $1,119 | $8,568-86.9% | $13,435-91.7% | $7,344-84.8% |