Filed March 29, 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 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.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,818 | $58,694+85.4% | $142,863-23.8% | $85,850+26.8% |
| Participation rate | 43.3% | 58.5%-15.2pp | 71.9%-28.7pp | 69.3%-26.0pp |
| Annual return | 15.27% | 27.72%-12.4pp | 5637.54%-5622.3pp | 318.53%-303.3pp |
| Employer contribution / active EE | $0 | $1,423-100.0% | $4,144-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,496 | $2,607-42.6% | $3,837-61.0% | $3,952-62.1% |
| Admin fee / account holder | $1,164 | $4,239-72.5% | $6,560-82.3% | $6,260-81.4% |