Filed July 10, 2024 (most recent of 2 filings on file)
Total covered: 7 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 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.
Employer 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 | $44,238 | $138,347-68.0% | $184,203-76.0% | $80,856-45.3% |
| Participation rate | 92.6% | 83.9%+8.8pp | 86.8%+5.8pp | 67.6%+25.0pp |
| Annual return | 16.34% | 20.02%-3.7pp | 28.81%-12.5pp | 35.59%-19.3pp |
| Employer contribution / active EE | $880 | $4,850-81.9% | $6,427-86.3% | $2,755-68.1% |
| Participant deferral / active EE | $4,003 | $7,071-43.4% | $9,131-56.2% | $4,296-6.8% |
| Admin fee / account holder | $9,515 | $10,483-9.2% | $13,901-31.5% | $6,918+37.5% |