Filed July 6, 2021 (most recent of 2 filings on file)
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 | $47,629 | $78,926-39.7% | $136,749-65.2% | $84,808-43.8% |
| Participation rate | 25.6% | 62.2%-36.6pp | 72.1%-46.6pp | 68.3%-42.7pp |
| Annual return | 16.64% | 18.17%-1.5pp | 24.33%-7.7pp | 40.90%-24.3pp |
| Employer contribution / active EE | $0 | $2,134-100.0% | $3,400-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $1,001 | $3,168-68.4% | $4,692-78.7% | $4,212-76.2% |
| Admin fee / account holder | $2,806 | $6,369-55.9% | $11,386-75.4% | $7,344-61.8% |