Filed October 26, 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 | $29,861 | $201,272-85.2% | $184,203-83.8% | $145,922-79.5% |
| Participation rate | 60.0% | 87.5%-27.5pp | 86.8%-26.8pp | 80.3%-20.3pp |
| Annual return | 10.94% | 29.00%-18.1pp | 28.81%-17.9pp | 561.29%-550.3pp |
| Employer contribution / active EE | $3,406 | $7,022-51.5% | $6,427-47.0% | $4,660-26.9% |
| Participant deferral / active EE | $14,078 | $9,806+43.6% | $9,131+54.2% | $6,688+110.5% |
| Admin fee / account holder | $47,154 | $16,364+188.2% | $13,901+239.2% | $13,397+252.0% |