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 | $89,661 | $109,881-18.4% | $150,045-40.2% | $84,808+5.7% |
| Participation rate | 67.6% | 76.1%-8.4pp | 82.3%-14.7pp | 68.3%-0.7pp |
| Annual return | 12.41% | 28.25%-15.8pp | 62.55%-50.1pp | 40.90%-28.5pp |
| Employer contribution / active EE | $6,592 | $3,561+85.1% | $4,693+40.5% | $2,631+150.6% |
| Participant deferral / active EE | $7,502 | $6,636+13.1% | $7,997-6.2% | $4,212+78.1% |
| Admin fee / account holder | $18,468 | $8,568+115.5% | $13,435+37.5% | $7,344+151.5% |