Filed June 16, 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 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,255 | $158,398-92.9% | $126,539-91.1% | $142,382-92.1% |
| Participation rate | 22.7% | 75.8%-53.1pp | 69.8%-47.1pp | 80.1%-57.4pp |
| Annual return | 12.70% | 593.76%-581.1pp | 425.95%-413.2pp | 217.08%-204.4pp |
| Employer contribution / active EE | $0 | $4,650-100.0% | $3,674-100.0% | $4,299-100.0% |
| Participant deferral / active EE | $1,047 | $4,767-78.0% | $4,083-74.4% | $6,507-83.9% |
| Admin fee / account holder | $1,564 | $6,918-77.4% | $6,065-74.2% | $12,624-87.6% |