Filed March 9, 2023 (most recent of 2 filings on file)
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 are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,054 | $45,152-79.9% | $73,843-87.7% | $59,632-84.8% |
| Participation rate | 64.4% | 64.0%+0.3pp | 73.4%-9.1pp | 68.7%-4.3pp |
| Annual return | -1.59% | 27.40%-29.0pp | 2267.84%-2269.4pp | 2041.28%-2042.9pp |
| Employer contribution / active EE | $1,405 | $1,902-26.1% | $2,787-49.6% | $2,203-36.2% |
| Participant deferral / active EE | $2,017 | $2,574-21.6% | $3,583-43.7% | $3,192-36.8% |
| Admin fee / account holder | $857 | $3,516-75.6% | $4,880-82.4% | $4,297-80.0% |