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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,024 | $80,717-35.5% | $154,803-66.4% | $84,808-38.7% |
| Participation rate | 43.9% | 66.8%-22.9pp | 78.1%-34.2pp | 68.3%-24.4pp |
| Annual return | 20.60% | 37.96%-17.4pp | 58.88%-38.3pp | 40.90%-20.3pp |
| Employer contribution / active EE | $1,149 | $2,761-58.4% | $4,305-73.3% | $2,631-56.3% |
| Participant deferral / active EE | $3,065 | $3,303-7.2% | $5,540-44.7% | $4,212-27.2% |
| Admin fee / account holder | $849 | $6,746-87.4% | $14,329-94.1% | $7,344-88.4% |