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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,911 | $45,863+78.6% | $77,024+6.3% | $68,494+19.6% |
| Participation rate | 64.3% | 55.9%+8.4pp | 67.9%-3.6pp | 67.9%-3.6pp |
| Annual return | -21.06% | 1.72%-22.8pp | 42.32%-63.4pp | -7.84%-13.2pp |
| Employer contribution / active EE | $1,512 | $1,650-8.3% | $2,812-46.2% | $2,596-41.7% |
| Participant deferral / active EE | $2,405 | $2,962-18.8% | $4,426-45.7% | $4,027-40.3% |
| Admin fee / account holder | $1,504 | $3,041-50.5% | $5,425-72.3% | $5,403-72.2% |