Filed December 2, 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 | $20,637 | $73,867-72.1% | $143,757-85.6% | $68,494-69.9% |
| Participation rate | 28.9% | 66.7%-37.8pp | 80.3%-51.4pp | 67.9%-39.0pp |
| Annual return | -14.62% | 1.01%-15.6pp | -0.04%-14.6pp | -7.84%-6.8pp |
| Employer contribution / active EE | $317 | $3,184-90.0% | $4,951-93.6% | $2,596-87.8% |
| Participant deferral / active EE | $1,114 | $3,384-67.1% | $5,637-80.2% | $4,027-72.3% |
| Admin fee / account holder | $1,825 | $5,755-68.3% | $14,673-87.6% | $5,403-66.2% |