Filed January 30, 2023
Total covered: 25 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 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.
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 | $83,272 | $78,705+5.8% | $117,854-29.3% | $70,131+18.7% |
| Participation rate | 64.0% | 73.2%-9.2pp | 79.7%-15.7pp | 69.5%-5.5pp |
| Annual return | 13.49% | 23.30%-9.8pp | 335.08%-321.6pp | 73.14%-59.6pp |
| Employer contribution / active EE | $2,374 | $2,223+6.8% | $3,786-37.3% | $2,342+1.4% |
| Participant deferral / active EE | $5,104 | $3,297+54.8% | $4,482+13.9% | $3,332+53.2% |
| Admin fee / account holder | $8,668 | $5,065+71.1% | $8,020+8.1% | $4,645+86.6% |