Filed September 11, 2023
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,903 | $56,357+24.0% | $104,294-33.0% | $68,494+2.1% |
| Participation rate | 13.7% | 63.3%-49.6pp | 73.3%-59.6pp | 67.9%-54.2pp |
| Annual return | -17.16% | -9.19%-8.0pp | 24.61%-41.8pp | -7.84%-9.3pp |
| Employer contribution / active EE | $546 | $1,960-72.2% | $3,372-83.8% | $2,596-79.0% |
| Participant deferral / active EE | $1,347 | $3,077-56.2% | $4,625-70.9% | $4,027-66.6% |
| Admin fee / account holder | $2,841 | $4,903-42.0% | $7,339-61.3% | $5,403-47.4% |