Filed May 25, 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 | $80,307 | $81,460-1.4% | $103,333-22.3% | $80,856-0.7% |
| Participation rate | 52.5% | 66.8%-14.3pp | 74.5%-22.0pp | 67.6%-15.1pp |
| Annual return | 18.61% | 25.55%-6.9pp | 24.88%-6.3pp | 35.59%-17.0pp |
| Employer contribution / active EE | $1,803 | $3,105-41.9% | $3,868-53.4% | $2,755-34.5% |
| Participant deferral / active EE | $3,973 | $3,869+2.7% | $5,057-21.4% | $4,296-7.5% |
| Admin fee / account holder | $24,305 | $6,566+270.1% | $8,355+190.9% | $6,918+251.3% |