Filed July 2, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,584 | $63,764-53.6% | $81,930-63.9% | $79,858-63.0% |
| Participation rate | 50.6% | 67.5%-16.9pp | 72.0%-21.4pp | 69.6%-19.0pp |
| Annual return | 9.59% | 22.66%-13.1pp | 29.49%-19.9pp | 31.71%-22.1pp |
| Employer contribution / active EE | $570 | $1,795-68.2% | $4,310-86.8% | $2,471-76.9% |
| Participant deferral / active EE | $1,957 | $2,780-29.6% | $7,107-72.5% | $3,740-47.7% |
| Admin fee / account holder | $2,652 | $4,426-40.1% | $5,158-48.6% | $5,306-50.0% |