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 | $157,664 | $81,460+93.5% | $103,333+52.6% | $80,856+95.0% |
| Participation rate | 38.5% | 66.8%-28.4pp | 74.5%-36.0pp | 67.6%-29.2pp |
| Annual return | 12.11% | 25.55%-13.4pp | 24.88%-12.8pp | 35.59%-23.5pp |
| Employer contribution / active EE | $2,306 | $3,105-25.7% | $3,868-40.4% | $2,755-16.3% |
| Participant deferral / active EE | $3,430 | $3,869-11.3% | $5,057-32.2% | $4,296-20.2% |
| Admin fee / account holder | $28,203 | $6,566+329.5% | $8,355+237.6% | $6,918+307.7% |