Filed April 27, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,811 | $49,915-50.3% | $154,803-84.0% | $74,304-66.6% |
| Participation rate | 24.5% | 54.0%-29.4pp | 78.1%-53.5pp | 60.3%-35.8pp |
| Annual return | 11.99% | 34.06%-22.1pp | 58.88%-46.9pp | 29.43%-17.4pp |
| Employer contribution / active EE | $789 | $1,611-51.0% | $4,305-81.7% | $2,241-64.8% |
| Participant deferral / active EE | $1,008 | $2,255-55.3% | $5,540-81.8% | $3,767-73.2% |
| Admin fee / account holder | $2,787 | $2,189+27.3% | $14,329-80.5% | $2,969-6.1% |