Filed December 10, 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 9-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.
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,677 | $87,870-58.3% | $113,168-67.6% | $74,304-50.6% |
| Participation rate | 61.0% | 70.7%-9.8pp | 76.6%-15.6pp | 60.3%+0.6pp |
| Annual return | 19.57% | 26.44%-6.9pp | 24.27%-4.7pp | 29.43%-9.9pp |
| Employer contribution / active EE | $429 | $2,277-81.2% | $2,975-85.6% | $2,241-80.9% |
| Participant deferral / active EE | $3,121 | $4,241-26.4% | $5,107-38.9% | $3,767-17.1% |
| Admin fee / account holder | $14,493 | $3,368+330.3% | $12,068+20.1% | $2,969+388.2% |