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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,794 | $59,101-46.2% | $77,163-58.8% | $75,163-57.7% |
| Participation rate | 60.0% | 63.9%-3.9pp | 69.6%-9.6pp | 67.2%-7.2pp |
| Annual return | 14.17% | 26.71%-12.5pp | 37.87%-23.7pp | 160.62%-146.4pp |
| Employer contribution / active EE | $644 | $1,995-67.7% | $2,535-74.6% | $2,670-75.9% |
| Participant deferral / active EE | $2,306 | $2,999-23.1% | $3,833-39.8% | $4,125-44.1% |
| Admin fee / account holder | $2,023 | $4,774-57.6% | $5,472-63.0% | $5,651-64.2% |