Filed January 17, 2024
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $67,989 | $81,460-16.5% | $103,333-34.2% | $80,856-15.9% |
| Participation rate | 87.9% | 66.8%+21.0pp | 74.5%+13.4pp | 67.6%+20.2pp |
| Annual return | 21.96% | 25.55%-3.6pp | 24.88%-2.9pp | 35.59%-13.6pp |
| Employer contribution / active EE | $488 | $3,105-84.3% | $3,868-87.4% | $2,755-82.3% |
| Participant deferral / active EE | $3,700 | $3,869-4.4% | $5,057-26.8% | $4,296-13.9% |
| Admin fee / account holder | $1,284 | $6,566-80.4% | $8,355-84.6% | $6,918-81.4% |