Filed February 18, 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 5-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,223 | $105,181-39.9% | $159,436-60.3% | $85,850-26.4% |
| Participation rate | 69.4% | 75.8%-6.3pp | 82.8%-13.4pp | 69.3%+0.1pp |
| Annual return | 6.38% | 45.07%-38.7pp | 263.57%-257.2pp | 318.53%-312.2pp |
| Employer contribution / active EE | $1,766 | $3,318-46.8% | $4,829-63.4% | $2,565-31.1% |
| Participant deferral / active EE | $3,820 | $5,945-35.7% | $7,352-48.0% | $3,952-3.3% |
| Admin fee / account holder | $4,010 | $6,933-42.2% | $10,799-62.9% | $6,260-35.9% |