Filed August 23, 2023
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 | $103,517 | $91,552+13.1% | $133,956-22.7% | $79,858+29.6% |
| Participation rate | 31.4% | 73.3%-42.0pp | 79.8%-48.5pp | 69.6%-38.3pp |
| Annual return | 20.29% | 61.85%-41.6pp | 45.09%-24.8pp | 31.71%-11.4pp |
| Employer contribution / active EE | $2,148 | $2,384-9.9% | $3,919-45.2% | $2,471-13.1% |
| Participant deferral / active EE | $3,617 | $3,733-3.1% | $5,048-28.3% | $3,740-3.3% |
| Admin fee / account holder | $488 | $6,321-92.3% | $8,927-94.5% | $5,306-90.8% |