Filed January 28, 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 | $28,061 | $54,705-48.7% | $71,209-60.6% | $84,808-66.9% |
| Participation rate | 62.1% | 64.1%-2.0pp | 73.8%-11.7pp | 68.3%-6.2pp |
| Annual return | 3.73% | 35.90%-32.2pp | 282.51%-278.8pp | 40.90%-37.2pp |
| Employer contribution / active EE | $539 | $2,158-75.0% | $2,721-80.2% | $2,631-79.5% |
| Participant deferral / active EE | $3,836 | $3,030+26.6% | $4,175-8.1% | $4,212-8.9% |
| Admin fee / account holder | $6,256 | $4,863+28.6% | $5,349+17.0% | $7,344-14.8% |