Filed January 5, 2021 (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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,130 | $58,828-81.1% | $77,999-85.7% | $62,891-82.3% |
| Participation rate | 35.0% | 71.1%-36.1pp | 75.5%-40.5pp | 69.3%-34.3pp |
| Annual return | 8.63% | 17.16%-8.5pp | 425.96%-417.3pp | 20.14%-11.5pp |
| Employer contribution / active EE | $529 | $1,672-68.4% | $2,470-78.6% | $2,281-76.8% |
| Participant deferral / active EE | $1,232 | $2,686-54.1% | $3,497-64.8% | $3,203-61.6% |
| Admin fee / account holder | $336 | $4,393-92.3% | $5,480-93.9% | $4,296-92.2% |