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 | $31,172 | $64,119-51.4% | $112,228-72.2% | $66,914-53.4% |
| Participation rate | 45.9% | 68.5%-22.6pp | 75.1%-29.2pp | 69.8%-23.9pp |
| Annual return | -11.89% | -13.81%+1.9pp | 27.45%-39.3pp | 1.58%-13.5pp |
| Employer contribution / active EE | $1,469 | $3,005-51.1% | $3,635-59.6% | $2,544-42.2% |
| Participant deferral / active EE | $3,016 | $3,693-18.3% | $4,728-36.2% | $4,237-28.8% |
| Admin fee / account holder | $1,653 | $625+164.4% | $6,410-74.2% | $593+178.6% |