Filed May 11, 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 | $104,448 | $100,326+4.1% | $180,183-42.0% | $84,808+23.2% |
| Participation rate | 47.2% | 71.0%-23.8pp | 77.4%-30.3pp | 68.3%-21.1pp |
| Annual return | 14.98% | 17.86%-2.9pp | 27.86%-12.9pp | 40.90%-25.9pp |
| Employer contribution / active EE | $0 | $3,269-100.0% | $5,039-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $5,228 | $5,066+3.2% | $6,822-23.4% | $4,212+24.1% |
| Admin fee / account holder | $15,729 | $9,674+62.6% | $19,975-21.3% | $7,344+114.2% |