Filed April 11, 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 | $96,747 | $60,022+61.2% | $88,946+8.8% | $84,808+14.1% |
| Participation rate | 55.2% | 57.8%-2.7pp | 68.8%-13.7pp | 68.3%-13.1pp |
| Annual return | 13.73% | 22.43%-8.7pp | 57.82%-44.1pp | 40.90%-27.2pp |
| Employer contribution / active EE | $2,099 | $1,703+23.3% | $2,555-17.8% | $2,631-20.2% |
| Participant deferral / active EE | $3,240 | $3,114+4.1% | $4,581-29.3% | $4,212-23.1% |
| Admin fee / account holder | $2,157 | $4,811-55.2% | $8,261-73.9% | $7,344-70.6% |