Filed April 24, 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.
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 | $26,431 | $84,233-68.6% | $170,442-84.5% | $70,131-62.3% |
| Participation rate | 37.3% | 70.8%-33.6pp | 83.6%-46.3pp | 69.5%-32.3pp |
| Annual return | 17.07% | 23.06%-6.0pp | 205.93%-188.9pp | 73.14%-56.1pp |
| Employer contribution / active EE | $391 | $3,387-88.5% | $5,433-92.8% | $2,342-83.3% |
| Participant deferral / active EE | $2,465 | $3,086-20.1% | $4,939-50.1% | $3,332-26.0% |
| Admin fee / account holder | $3,498 | $5,698-38.6% | $13,880-74.8% | $4,645-24.7% |