Filed August 10, 2023 (most recent of 2 filings on file)
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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $280,670 | $109,413+156.5% | $156,263+79.6% | $84,808+230.9% |
| Participation rate | 59.5% | 72.7%-13.2pp | 78.9%-19.4pp | 68.3%-8.8pp |
| Annual return | 13.82% | 20.18%-6.4pp | 59.47%-45.6pp | 40.90%-27.1pp |
| Employer contribution / active EE | $3,261 | $2,907+12.2% | $4,333-24.7% | $2,631+23.9% |
| Participant deferral / active EE | $6,697 | $4,590+45.9% | $6,158+8.8% | $4,212+59.0% |
| Admin fee / account holder | $1,454 | $9,357-84.5% | $14,255-89.8% | $7,344-80.2% |