Filed October 10, 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 | $87,628 | $56,897+54.0% | $84,750+3.4% | $62,891+39.3% |
| Participation rate | 58.3% | 68.5%-10.2pp | 76.6%-18.3pp | 69.3%-11.0pp |
| Annual return | 14.34% | 6.30%+8.0pp | 22.78%-8.4pp | 20.14%-5.8pp |
| Employer contribution / active EE | $3,095 | $2,400+29.0% | $3,574-13.4% | $2,281+35.7% |
| Participant deferral / active EE | $4,072 | $2,709+50.3% | $3,712+9.7% | $3,203+27.1% |
| Admin fee / account holder | $882 | $3,581-75.4% | $5,332-83.5% | $4,296-79.5% |