Filed August 3, 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.
Participant 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 | $39,836 | $65,365-39.1% | $92,893-57.1% | $72,985-45.4% |
| Participation rate | 89.9% | 68.3%+21.6pp | 76.0%+13.9pp | 69.5%+20.4pp |
| Annual return | 34.41% | 42.10%-7.7pp | 109.41%-75.0pp | 81.00%-46.6pp |
| Employer contribution / active EE | $5,089 | $2,594+96.2% | $3,653+39.3% | $2,440+108.6% |
| Participant deferral / active EE | $1,201 | $3,128-61.6% | $4,236-71.7% | $3,607-66.7% |
| Admin fee / account holder | $941 | $4,251-77.9% | $5,794-83.8% | $5,124-81.6% |