Filed March 15, 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 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.
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 | $145,546 | $109,413+33.0% | $156,263-6.9% | $84,808+71.6% |
| Participation rate | 65.7% | 72.7%-7.0pp | 78.9%-13.2pp | 68.3%-2.6pp |
| Annual return | 29.81% | 20.18%+9.6pp | 59.47%-29.7pp | 40.90%-11.1pp |
| Employer contribution / active EE | $2,867 | $2,907-1.4% | $4,333-33.8% | $2,631+9.0% |
| Participant deferral / active EE | $7,376 | $4,590+60.7% | $6,158+19.8% | $4,212+75.1% |
| Admin fee / account holder | $1,142 | $9,357-87.8% | $14,255-92.0% | $7,344-84.5% |