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.
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 | $95,234 | $53,516+78.0% | $126,539-24.7% | $84,808+12.3% |
| Participation rate | 34.4% | 58.2%-23.8pp | 69.8%-35.4pp | 68.3%-33.9pp |
| Annual return | 13.95% | 58.34%-44.4pp | 425.95%-412.0pp | 40.90%-26.9pp |
| Employer contribution / active EE | $305 | $1,535-80.2% | $3,674-91.7% | $2,631-88.4% |
| Participant deferral / active EE | $1,724 | $2,671-35.4% | $4,083-57.8% | $4,212-59.1% |
| Admin fee / account holder | $3,278 | $4,497-27.1% | $6,065-46.0% | $7,344-55.4% |