Filed November 30, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,538 | $95,803+26.9% | $113,168+7.4% | $84,808+43.3% |
| Participation rate | 54.7% | 72.9%-18.1pp | 76.6%-21.8pp | 68.3%-13.6pp |
| Annual return | 12.18% | 25.00%-12.8pp | 24.27%-12.1pp | 40.90%-28.7pp |
| Employer contribution / active EE | $3,199 | $2,360+35.6% | $2,975+7.5% | $2,631+21.6% |
| Participant deferral / active EE | $4,738 | $4,242+11.7% | $5,107-7.2% | $4,212+12.5% |
| Admin fee / account holder | $47,690 | $8,989+430.5% | $12,068+295.2% | $7,344+549.4% |