Filed January 14, 2025
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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $12,186 | $70,667-82.8% | $123,104-90.1% | $52,331-76.7% |
| Participation rate | 55.8% | 83.7%-27.9pp | 86.8%-30.9pp | 68.1%-12.3pp |
| Annual return | -1.48% | 6.23%-7.7pp | 13.22%-14.7pp | 4.54%-6.0pp |
| Employer contribution / active EE | $0 | $2,946-100.0% | $5,151-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $1,118 | $4,493-75.1% | $6,230-82.0% | $3,022-63.0% |
| Admin fee / account holder | $3,325 | $506+556.5% | $9,015-63.1% | $592+462.0% |