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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $172,731 | $72,277+139.0% | $101,248+70.6% | $79,858+116.3% |
| Participation rate | 60.5% | 68.5%-7.9pp | 75.8%-15.3pp | 69.6%-9.1pp |
| Annual return | 9.69% | 22.30%-12.6pp | 46.47%-36.8pp | 31.71%-22.0pp |
| Employer contribution / active EE | $1,954 | $2,692-27.4% | $3,660-46.6% | $2,471-20.9% |
| Participant deferral / active EE | $5,293 | $3,282+61.3% | $4,370+21.1% | $3,740+41.5% |
| Admin fee / account holder | $21,307 | $4,400+384.2% | $5,945+258.4% | $5,306+301.5% |