Filed August 17, 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.
Participant 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 | $91,305 | $148,978-38.7% | $200,582-54.5% | $84,808+7.7% |
| Participation rate | 92.3% | 84.2%+8.1pp | 86.9%+5.4pp | 68.3%+24.0pp |
| Annual return | 24.64% | 28.16%-3.5pp | 42.33%-17.7pp | 40.90%-16.3pp |
| Employer contribution / active EE | $5,802 | $4,815+20.5% | $6,419-9.6% | $2,631+120.5% |
| Participant deferral / active EE | $1,222 | $7,142-82.9% | $9,331-86.9% | $4,212-71.0% |
| Admin fee / account holder | $7,413 | $13,977-47.0% | $16,305-54.5% | $7,344+0.9% |