Filed January 11, 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 8-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 | $71,805 | $86,944-17.4% | $107,525-33.2% | $74,304-3.4% |
| Participation rate | 45.1% | 59.6%-14.5pp | 75.1%-30.0pp | 60.3%-15.3pp |
| Annual return | 18.59% | 23.52%-4.9pp | 181.32%-162.7pp | 29.43%-10.8pp |
| Employer contribution / active EE | $1,566 | $2,757-43.2% | $3,754-58.3% | $2,241-30.1% |
| Participant deferral / active EE | $3,306 | $3,554-7.0% | $5,116-35.4% | $3,767-12.2% |
| Admin fee / account holder | $2,413 | $3,727-35.2% | $8,919-72.9% | $2,969-18.7% |