Filed July 17, 2023
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.
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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,502 | $57,354-52.0% | $83,848-67.2% | $64,186-57.2% |
| Participation rate | 67.6% | 68.6%-1.0pp | 76.1%-8.5pp | 69.6%-1.9pp |
| Annual return | -9.07% | 11.38%-20.4pp | 850.88%-859.9pp | 7.63%-16.7pp |
| Employer contribution / active EE | $1,691 | $2,545-33.6% | $3,631-53.4% | $2,381-29.0% |
| Participant deferral / active EE | $3,611 | $2,993+20.6% | $4,082-11.5% | $3,470+4.1% |
| Admin fee / account holder | $4,406 | $4,046+8.9% | $5,478-19.6% | $4,888-9.9% |