Filed January 29, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,360 | $80,673+39.3% | $101,326+10.9% | $84,808+32.5% |
| Participation rate | 50.0% | 77.8%-27.8pp | 81.5%-31.5pp | 68.3%-18.3pp |
| Annual return | 15.70% | 38.95%-23.3pp | 36.82%-21.1pp | 40.90%-25.2pp |
| Employer contribution / active EE | $241 | $2,698-91.1% | $3,665-93.4% | $2,631-90.8% |
| Participant deferral / active EE | $4,940 | $6,840-27.8% | $7,994-38.2% | $4,212+17.3% |
| Admin fee / account holder | $5,041 | $12,784-60.6% | $11,185-54.9% | $7,344-31.4% |