Filed January 22, 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.
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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $322,583 | $80,717+299.6% | $154,803+108.4% | $84,808+280.4% |
| Participation rate | 38.6% | 66.8%-28.2pp | 78.1%-39.4pp | 68.3%-29.7pp |
| Annual return | 18.00% | 37.96%-20.0pp | 58.88%-40.9pp | 40.90%-22.9pp |
| Employer contribution / active EE | $2,083 | $2,761-24.6% | $4,305-51.6% | $2,631-20.8% |
| Participant deferral / active EE | $5,577 | $3,303+68.8% | $5,540+0.7% | $4,212+32.4% |
| Admin fee / account holder | $3,742 | $6,746-44.5% | $14,329-73.9% | $7,344-49.0% |