Filed May 14, 2024
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.
Employer 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,890 | $82,032-84.3% | $123,104-89.5% | $59,632-78.4% |
| Participation rate | 95.9% | 83.2%+12.7pp | 86.8%+9.1pp | 68.7%+27.2pp |
| Annual return | 0.01% | 5.12%-5.1pp | 13.22%-13.2pp | 2041.28%-2041.3pp |
| Employer contribution / active EE | $713 | $3,297-78.4% | $5,151-86.2% | $2,203-67.6% |
| Participant deferral / active EE | $2,268 | $4,667-51.4% | $6,230-63.6% | $3,192-28.9% |
| Admin fee / account holder | $1,450 | $5,881-75.3% | $9,015-83.9% | $4,297-66.3% |