Filed June 12, 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.
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 | $44,182 | $44,850-1.5% | $60,547-27.0% | $59,632-25.9% |
| Participation rate | 0.0% | 59.5%-59.5pp | 68.0%-68.0pp | 68.7%-68.7pp |
| Annual return | 1.24% | 1074.14%-1072.9pp | 335.64%-334.4pp | 2041.28%-2040.0pp |
| Employer contribution / active EE | $0 | $1,462-100.0% | $2,419-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $242 | $2,230-89.1% | $3,328-92.7% | $3,192-92.4% |
| Admin fee / account holder | $338 | $3,635-90.7% | $4,536-92.6% | $4,297-92.1% |