Filed October 6, 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.
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.
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 | $67 | $64,839-99.9% | $95,585-99.9% | $84,808-99.9% |
| Participation rate | 100.0% | 63.8%+36.2pp | 72.1%+27.9pp | 68.3%+31.7pp |
| Annual return | -1358775.00% | -670.96%-1358104.0pp | 38.56%-1358813.6pp | 40.90%-1358815.9pp |
| Employer contribution / active EE | $2,047 | $1,759+16.4% | $2,527-19.0% | $2,631-22.2% |
| Participant deferral / active EE | $0 | $2,965-100.0% | $4,023-100.0% | $4,212-100.0% |
| Admin fee / account holder | $6,884 | $5,964+15.4% | $6,127+12.3% | $7,344-6.3% |