Filed February 27, 2023
Total covered: 4 employees
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.
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.)
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 | $12,041 | $91,190-86.8% | $178,490-93.3% | $79,858-84.9% |
| Participation rate | 34.7% | 69.2%-34.5pp | 81.9%-47.2pp | 69.6%-34.9pp |
| Annual return | 38.10% | 24.19%+13.9pp | 151.07%-113.0pp | 31.71%+6.4pp |
| Employer contribution / active EE | $824 | $3,256-74.7% | $5,011-83.6% | $2,471-66.7% |
| Participant deferral / active EE | $1,633 | $3,236-49.5% | $5,202-68.6% | $3,740-56.3% |
| Admin fee / account holder | $411 | $6,751-93.9% | $13,984-97.1% | $5,306-92.3% |