Filed September 26, 2023 (most recent of 2 filings on file)
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 3-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,467 | $80,717-96.9% | $154,803-98.4% | $84,808-97.1% |
| Participation rate | 65.9% | 66.8%-0.9pp | 78.1%-12.2pp | 68.3%-2.4pp |
| Annual return | 27.25% | 37.96%-10.7pp | 58.88%-31.6pp | 40.90%-13.6pp |
| Employer contribution / active EE | $921 | $2,761-66.7% | $4,305-78.6% | $2,631-65.0% |
| Participant deferral / active EE | $692 | $3,303-79.0% | $5,540-87.5% | $4,212-83.6% |
| Admin fee / account holder | $113 | $6,746-98.3% | $14,329-99.2% | $7,344-98.5% |