Filed May 7, 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.
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 | $49,059 | $51,576-4.9% | $129,207-62.0% | $80,856-39.3% |
| Participation rate | 45.2% | 57.0%-11.8pp | 69.6%-24.5pp | 67.6%-22.5pp |
| Annual return | 10.06% | 20.81%-10.7pp | 9417.33%-9407.3pp | 35.59%-25.5pp |
| Employer contribution / active EE | $1,161 | $1,584-26.7% | $4,153-72.0% | $2,755-57.9% |
| Participant deferral / active EE | $1,772 | $2,669-33.6% | $4,168-57.5% | $4,296-58.7% |
| Admin fee / account holder | $5,506 | $4,305+27.9% | $7,715-28.6% | $6,918-20.4% |