Filed December 23, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,769 | $65,557-80.5% | $64,056-80.1% | $71,457-82.1% |
| Participation rate | 38.8% | 73.2%-34.4pp | 72.3%-33.5pp | 67.9%-29.1pp |
| Annual return | 18.00% | 18.94%-0.9pp | 33.69%-15.7pp | 28.85%-10.8pp |
| Employer contribution / active EE | $785 | $2,669-70.6% | $2,747-71.4% | $2,588-69.7% |
| Participant deferral / active EE | $1,573 | $3,626-56.6% | $3,880-59.5% | $4,289-63.3% |
| Admin fee / account holder | $1,497 | $616+143.1% | $3,068-51.2% | $1,587-5.7% |