Filed May 6, 2016
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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,763 | $55,415-12.0% | $155,509-68.6% | $74,495-34.5% |
| Participation rate | 21.1% | 61.9%-40.8pp | 78.2%-57.0pp | 67.2%-46.1pp |
| Annual return | 11.03% | 268.50%-257.5pp | 64.67%-53.6pp | 1364.94%-1353.9pp |
| Employer contribution / active EE | $668 | $2,267-70.5% | $4,672-85.7% | $2,623-74.5% |
| Participant deferral / active EE | $668 | $2,836-76.4% | $5,626-88.1% | $4,346-84.6% |
| Admin fee / account holder | $6,126 | $1,738+252.4% | $15,912-61.5% | $1,942+215.5% |