Filed January 5, 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 | $67,405 | $214,378-68.6% | $200,582-66.4% | $142,382-52.7% |
| Participation rate | 65.2% | 87.4%-22.2pp | 86.9%-21.7pp | 80.1%-14.9pp |
| Annual return | 13.34% | 46.41%-33.1pp | 42.33%-29.0pp | 217.08%-203.7pp |
| Employer contribution / active EE | $4,378 | $6,841-36.0% | $6,419-31.8% | $4,299+1.8% |
| Participant deferral / active EE | $2,716 | $9,865-72.5% | $9,331-70.9% | $6,507-58.3% |
| Admin fee / account holder | $1,751 | $17,692-90.1% | $16,305-89.3% | $12,624-86.1% |