Filed December 8, 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 | $62,572 | $57,065+9.7% | $75,670-17.3% | $70,131-10.8% |
| Participation rate | 34.5% | 68.1%-33.5pp | 72.3%-37.8pp | 69.5%-35.0pp |
| Annual return | 19.72% | 23.57%-3.8pp | 27.34%-7.6pp | 73.14%-53.4pp |
| Employer contribution / active EE | $0 | $1,817-100.0% | $2,352-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $3,881 | $2,580+50.4% | $3,142+23.5% | $3,332+16.5% |
| Admin fee / account holder | $736 | $3,825-80.8% | $5,800-87.3% | $4,645-84.2% |