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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,845 | $71,883-51.5% | $86,677-59.8% | $68,494-49.1% |
| Participation rate | 58.5% | 72.2%-13.7pp | 76.6%-18.0pp | 67.9%-9.4pp |
| Annual return | -18.42% | 3.52%-21.9pp | 35.91%-54.3pp | -7.84%-10.6pp |
| Employer contribution / active EE | $292 | $2,173-86.6% | $2,836-89.7% | $2,596-88.8% |
| Participant deferral / active EE | $2,173 | $3,779-42.5% | $4,656-53.3% | $4,027-46.1% |
| Admin fee / account holder | $533 | $6,112-91.3% | $7,493-92.9% | $5,403-90.1% |