Filed June 25, 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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,053 | $73,360+43.2% | $177,989-41.0% | $74,495+41.0% |
| Participation rate | 68.6% | 66.6%+2.0pp | 77.1%-8.5pp | 67.2%+1.4pp |
| Annual return | 11.36% | 17.49%-6.1pp | 294.48%-283.1pp | 1364.94%-1353.6pp |
| Employer contribution / active EE | $0 | $2,216-100.0% | $3,949-100.0% | $2,623-100.0% |
| Participant deferral / active EE | $5,831 | $4,513+29.2% | $6,276-7.1% | $4,346+34.2% |
| Admin fee / account holder | $8,651 | $1,808+378.5% | $10,363-16.5% | $1,942+345.5% |