Filed September 24, 2019 (most recent of 2 filings on file)
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.
Employer 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 | $61,043 | $56,317+8.4% | $71,209-14.3% | $74,304-17.8% |
| Participation rate | 23.3% | 55.1%-31.9pp | 73.8%-50.5pp | 60.3%-37.1pp |
| Annual return | 13.18% | 42.83%-29.7pp | 282.51%-269.3pp | 29.43%-16.2pp |
| Employer contribution / active EE | $236 | $2,160-89.1% | $2,721-91.3% | $2,241-89.5% |
| Participant deferral / active EE | $1,449 | $2,788-48.0% | $4,175-65.3% | $3,767-61.5% |
| Admin fee / account holder | $5,817 | $2,290+154.1% | $5,349+8.8% | $2,969+95.9% |