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 | $16,859 | $69,763-75.8% | $67,502-75.0% | $74,495-77.4% |
| Participation rate | 29.0% | 71.4%-42.3pp | 72.9%-43.8pp | 67.2%-38.2pp |
| Annual return | 15.90% | -40.34%+56.2pp | 3512.12%-3496.2pp | 1364.94%-1349.0pp |
| Employer contribution / active EE | $747 | $2,704-72.4% | $2,731-72.7% | $2,623-71.5% |
| Participant deferral / active EE | $1,323 | $3,636-63.6% | $4,000-66.9% | $4,346-69.6% |
| Admin fee / account holder | $1,890 | $896+111.0% | $3,998-52.7% | $1,942-2.7% |