Filed October 30, 2020 (most recent of 3 filings on file)
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 | $37,700 | $59,805-37.0% | $79,550-52.6% | $68,494-45.0% |
| Participation rate | 19.1% | 61.1%-42.0pp | 69.5%-50.4pp | 67.9%-48.8pp |
| Annual return | -20.47% | -12.30%-8.2pp | 0.16%-20.6pp | -7.84%-12.6pp |
| Employer contribution / active EE | $0 | $1,505-100.0% | $2,413-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,174 | $3,024-61.2% | $3,985-70.5% | $4,027-70.8% |
| Admin fee / account holder | $30,096 | $4,835+522.5% | $6,832+340.5% | $5,403+457.0% |