Filed August 8, 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 | $78,992 | $78,705+0.4% | $117,854-33.0% | $70,131+12.6% |
| Participation rate | 66.2% | 73.2%-7.0pp | 79.7%-13.5pp | 69.5%-3.3pp |
| Annual return | 19.94% | 23.30%-3.4pp | 335.08%-315.1pp | 73.14%-53.2pp |
| Employer contribution / active EE | $850 | $2,223-61.8% | $3,786-77.6% | $2,342-63.7% |
| Participant deferral / active EE | $2,199 | $3,297-33.3% | $4,482-50.9% | $3,332-34.0% |
| Admin fee / account holder | $2,156 | $5,065-57.4% | $8,020-73.1% | $4,645-53.6% |