Filed November 13, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,448 | $89,652-52.7% | $141,162-69.9% | $65,185-34.9% |
| Participation rate | 25.0% | 74.7%-49.7pp | 82.5%-57.5pp | 70.2%-45.2pp |
| Annual return | 50.30% | 32.79%+17.5pp | 71.39%-21.1pp | 29.38%+20.9pp |
| Employer contribution / active EE | $0 | $3,065-100.0% | $4,735-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $3,102 | $5,691-45.5% | $6,709-53.8% | $3,514-11.7% |
| Admin fee / account holder | $1,573 | $569+176.7% | $10,261-84.7% | $847+85.7% |