Filed May 15, 2024 (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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,384 | $69,362-57.6% | $101,248-71.0% | $73,488-60.0% |
| Participation rate | 61.5% | 68.4%-6.9pp | 75.8%-14.3pp | 70.7%-9.2pp |
| Annual return | 10.17% | 18.46%-8.3pp | 46.47%-36.3pp | 28.51%-18.3pp |
| Employer contribution / active EE | $1,834 | $2,628-30.2% | $3,660-49.9% | $2,270-19.2% |
| Participant deferral / active EE | $3,396 | $3,300+2.9% | $4,370-22.3% | $3,740-9.2% |
| Admin fee / account holder | $77 | $704-89.1% | $5,945-98.7% | $513-85.1% |