Filed May 30, 2019
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 | $105,940 | $86,286+22.8% | $111,297-4.8% | $85,850+23.4% |
| Participation rate | 45.1% | 73.3%-28.3pp | 77.3%-32.2pp | 69.3%-24.2pp |
| Annual return | 13.11% | 19.99%-6.9pp | 54.65%-41.5pp | 318.53%-305.4pp |
| Employer contribution / active EE | $271 | $2,043-86.7% | $2,731-90.1% | $2,565-89.4% |
| Participant deferral / active EE | $3,235 | $3,641-11.1% | $4,487-27.9% | $3,952-18.1% |
| Admin fee / account holder | $17,344 | $8,188+111.8% | $7,964+117.8% | $6,260+177.1% |