Filed October 10, 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 7-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,888 | $48,046-94.0% | $84,611-96.6% | $72,985-96.0% |
| Participation rate | 74.0% | 57.6%+16.4pp | 68.2%+5.8pp | 69.5%+4.5pp |
| Annual return | 27.72% | 37.38%-9.7pp | 258.74%-231.0pp | 81.00%-53.3pp |
| Employer contribution / active EE | $156 | $1,602-90.3% | $2,652-94.1% | $2,440-93.6% |
| Participant deferral / active EE | $2,052 | $2,680-23.5% | $3,899-47.4% | $3,607-43.1% |
| Admin fee / account holder | $902 | $3,395-73.4% | $4,912-81.6% | $5,124-82.4% |