Filed March 29, 2021
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,895 | $78,672-53.1% | $109,143-66.2% | $85,850-57.0% |
| Participation rate | 59.6% | 68.3%-8.7pp | 75.9%-16.3pp | 69.3%-9.7pp |
| Annual return | 11.79% | 25.09%-13.3pp | 25.75%-14.0pp | 318.53%-306.7pp |
| Employer contribution / active EE | $2,563 | $2,735-6.3% | $3,722-31.1% | $2,565-0.1% |
| Participant deferral / active EE | $0 | $3,467-100.0% | $4,653-100.0% | $3,952-100.0% |
| Admin fee / account holder | $1,399 | $5,469-74.4% | $6,752-79.3% | $6,260-77.6% |