Filed April 25, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,336 | $31,310+204.5% | $53,898+76.9% | $74,304+28.3% |
| Participation rate | 19.9% | 30.7%-10.8pp | 55.0%-35.1pp | 60.3%-40.5pp |
| Annual return | 10.99% | 23.16%-12.2pp | 528.60%-517.6pp | 29.43%-18.4pp |
| Employer contribution / active EE | $747 | $450+66.1% | $932-19.8% | $2,241-66.7% |
| Participant deferral / active EE | $1,583 | $934+69.5% | $1,826-13.3% | $3,767-58.0% |
| Admin fee / account holder | $27,786 | $2,175+1177.3% | $2,491+1015.5% | $2,969+835.9% |