Filed April 9, 2024
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 | $53,407 | $53,053+0.7% | $126,539-57.8% | $74,304-28.1% |
| Participation rate | 54.9% | 48.0%+6.8pp | 69.8%-15.0pp | 60.3%-5.5pp |
| Annual return | 16.03% | 29.46%-13.4pp | 425.95%-409.9pp | 29.43%-13.4pp |
| Employer contribution / active EE | $1,607 | $1,168+37.6% | $3,674-56.3% | $2,241-28.3% |
| Participant deferral / active EE | $2,772 | $2,303+20.3% | $4,083-32.1% | $3,767-26.4% |
| Admin fee / account holder | $5,075 | $3,698+37.2% | $6,065-16.3% | $2,969+70.9% |