Filed March 6, 2023 (most recent of 2 filings on file)
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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $198,489 | $85,202+133.0% | $172,739+14.9% | $72,985+172.0% |
| Participation rate | 19.4% | 70.1%-50.6pp | 82.6%-63.2pp | 69.5%-50.0pp |
| Annual return | -1.45% | 27.32%-28.8pp | 802.84%-804.3pp | 81.00%-82.4pp |
| Employer contribution / active EE | $0 | $3,324-100.0% | $5,143-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $2,839 | $3,260-12.9% | $5,198-45.4% | $3,607-21.3% |
| Admin fee / account holder | $10,109 | $5,884+71.8% | $13,954-27.6% | $5,124+97.3% |