Filed August 9, 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 5-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 | $74,235 | $93,571-20.7% | $135,903-45.4% | $75,163-1.2% |
| Participation rate | 64.9% | 75.2%-10.3pp | 81.9%-17.0pp | 67.2%-2.3pp |
| Annual return | 12.90% | 30.90%-18.0pp | 68.23%-55.3pp | 160.62%-147.7pp |
| Employer contribution / active EE | $6,079 | $3,537+71.9% | $4,856+25.2% | $2,670+127.7% |
| Participant deferral / active EE | $7,948 | $6,404+24.1% | $7,758+2.5% | $4,125+92.7% |
| Admin fee / account holder | $3,538 | $6,975-49.3% | $10,762-67.1% | $5,651-37.4% |