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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,023 | $67,984-67.6% | $65,493-66.4% | $74,304-70.4% |
| Participation rate | 41.0% | 66.3%-25.3pp | 73.1%-32.1pp | 60.3%-19.3pp |
| Annual return | 17.15% | 19.87%-2.7pp | 982.45%-965.3pp | 29.43%-12.3pp |
| Employer contribution / active EE | $803 | $2,491-67.8% | $2,574-68.8% | $2,241-64.2% |
| Participant deferral / active EE | $1,525 | $3,346-54.4% | $3,961-61.5% | $3,767-59.5% |
| Admin fee / account holder | $1,430 | $1,373+4.2% | $5,028-71.6% | $2,969-51.8% |