Filed October 22, 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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,179 | $176,947-43.9% | $88,946+11.5% | - |
| Participation rate | 24.9% | 61.8%-36.9pp | 68.8%-43.9pp | - |
| Annual return | 16.07% | 15.13%+0.9pp | 57.82%-41.8pp | - |
| Employer contribution / active EE | $858 | $2,196-60.9% | $2,555-66.4% | - |
| Participant deferral / active EE | $1,640 | $4,114-60.1% | $4,581-64.2% | - |
| Admin fee / account holder | $2,485 | $22,209-88.8% | $8,261-69.9% | - |