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 | $45,361 | $76,670-40.8% | $96,683-53.1% | $71,457-36.5% |
| Participation rate | 44.4% | 66.6%-22.1pp | 74.3%-29.9pp | 67.9%-23.5pp |
| Annual return | 18.68% | 48.29%-29.6pp | 35.69%-17.0pp | 28.85%-10.2pp |
| Employer contribution / active EE | $1,565 | $3,031-48.4% | $3,737-58.1% | $2,588-39.5% |
| Participant deferral / active EE | $3,171 | $3,771-15.9% | $4,878-35.0% | $4,289-26.1% |
| Admin fee / account holder | $3,075 | $2,028+51.6% | $6,730-54.3% | $1,587+93.7% |