Filed July 15, 2016
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,336 | $44,897-14.6% | $84,966-54.9% | $199,593-80.8% |
| Participation rate | 3.8% | 45.7%-41.9pp | 67.5%-63.7pp | 72.0%-68.2pp |
| Annual return | 11.90% | 20.96%-9.1pp | 66.38%-54.5pp | 34.25%-22.4pp |
| Employer contribution / active EE | $138 | $1,365-89.9% | $2,727-94.9% | $3,034-95.4% |
| Participant deferral / active EE | $242 | $2,668-90.9% | $4,519-94.7% | $5,087-95.2% |
| Admin fee / account holder | $55,502 | $584+9399.9% | $6,149+802.7% | $269+20546.6% |