Filed May 5, 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 9-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,365 | $49,915-79.2% | $154,803-93.3% | $74,304-86.1% |
| Participation rate | 20.4% | 54.0%-33.6pp | 78.1%-57.7pp | 60.3%-40.0pp |
| Annual return | 9.34% | 34.06%-24.7pp | 58.88%-49.5pp | 29.43%-20.1pp |
| Employer contribution / active EE | $3 | $1,611-99.8% | $4,305-99.9% | $2,241-99.8% |
| Participant deferral / active EE | $670 | $2,255-70.3% | $5,540-87.9% | $3,767-82.2% |
| Admin fee / account holder | $475 | $2,189-78.3% | $14,329-96.7% | $2,969-84.0% |