Filed June 2, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,588 | $71,883+45.5% | $86,677+20.7% | $68,494+52.7% |
| Participation rate | 58.9% | 72.2%-13.3pp | 76.6%-17.6pp | 67.9%-9.0pp |
| Annual return | -18.42% | 3.52%-21.9pp | 35.91%-54.3pp | -7.84%-10.6pp |
| Employer contribution / active EE | $3,232 | $2,173+48.7% | $2,836+13.9% | $2,596+24.5% |
| Participant deferral / active EE | $4,086 | $3,779+8.1% | $4,656-12.2% | $4,027+1.5% |
| Admin fee / account holder | $37,077 | $6,112+506.7% | $7,493+394.8% | $5,403+586.3% |