Filed January 12, 2024
Total covered: 6 employees
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 6-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 | $22,979 | $80,717-71.5% | $154,803-85.2% | $84,808-72.9% |
| Participation rate | 43.7% | 66.8%-23.1pp | 78.1%-34.4pp | 68.3%-24.6pp |
| Annual return | 65.22% | 37.96%+27.3pp | 58.88%+6.3pp | 40.90%+24.3pp |
| Employer contribution / active EE | $931 | $2,761-66.3% | $4,305-78.4% | $2,631-64.6% |
| Participant deferral / active EE | $2,548 | $3,303-22.9% | $5,540-54.0% | $4,212-39.5% |
| Admin fee / account holder | $382 | $6,746-94.3% | $14,329-97.3% | $7,344-94.8% |