Filed March 31, 2023
Total covered: 7 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 | $22,685 | $55,706-59.3% | $75,886-70.1% | $72,985-68.9% |
| Participation rate | 41.8% | 61.1%-19.4pp | 69.3%-27.5pp | 69.5%-27.7pp |
| Annual return | 16.88% | 27.59%-10.7pp | 30.76%-13.9pp | 81.00%-64.1pp |
| Employer contribution / active EE | $414 | $1,687-75.4% | $2,500-83.4% | $2,440-83.0% |
| Participant deferral / active EE | $1,629 | $2,634-38.1% | $3,603-54.8% | $3,607-54.8% |
| Admin fee / account holder | $2,049 | $3,978-48.5% | $5,418-62.2% | $5,124-60.0% |