Filed June 29, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $58,524 | $109,359-46.5% | $162,163-63.9% | $72,985-19.8% |
| Participation rate | 84.9% | 84.3%+0.6pp | 87.6%-2.7pp | 69.5%+15.4pp |
| Annual return | 23.02% | 25.46%-2.4pp | 115.59%-92.6pp | 81.00%-58.0pp |
| Employer contribution / active EE | $1,274 | $3,907-67.4% | $5,614-77.3% | $2,440-47.8% |
| Participant deferral / active EE | $2,210 | $5,481-59.7% | $7,298-69.7% | $3,607-38.7% |
| Admin fee / account holder | $3,905 | $7,972-51.0% | $10,843-64.0% | $5,124-23.8% |