Filed February 26, 2020
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 | $106,265 | $77,660+36.8% | $109,143-2.6% | $79,386+33.9% |
| Participation rate | 65.3% | 67.8%-2.5pp | 75.9%-10.5pp | 70.7%-5.4pp |
| Annual return | 11.71% | 23.44%-11.7pp | 25.75%-14.0pp | 116.85%-105.1pp |
| Employer contribution / active EE | $2,845 | $2,797+1.7% | $3,722-23.6% | $2,427+17.2% |
| Participant deferral / active EE | $6,596 | $3,518+87.5% | $4,653+41.8% | $4,046+63.0% |
| Admin fee / account holder | $8,834 | $732+1106.6% | $6,752+30.8% | $626+1310.2% |