Filed December 2, 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 5-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 | $36,268 | $80,717-55.1% | $154,803-76.6% | $84,808-57.2% |
| Participation rate | 18.5% | 66.8%-48.3pp | 78.1%-59.6pp | 68.3%-49.8pp |
| Annual return | 21.81% | 37.96%-16.2pp | 58.88%-37.1pp | 40.90%-19.1pp |
| Employer contribution / active EE | -$154 | $2,761-105.6% | $4,305-103.6% | $2,631-105.8% |
| Participant deferral / active EE | $3,337 | $3,303+1.0% | $5,540-39.8% | $4,212-20.8% |
| Admin fee / account holder | $3,979 | $6,746-41.0% | $14,329-72.2% | $7,344-45.8% |