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 | $47,680 | $68,719-30.6% | $91,541-47.9% | $84,808-43.8% |
| Participation rate | 55.7% | 64.5%-8.8pp | 69.8%-14.1pp | 68.3%-12.6pp |
| Annual return | 14.46% | 19.12%-4.7pp | 20.50%-6.0pp | 40.90%-26.4pp |
| Employer contribution / active EE | $484 | $1,920-74.8% | $2,505-80.7% | $2,631-81.6% |
| Participant deferral / active EE | $2,120 | $3,136-32.4% | $4,008-47.1% | $4,212-49.7% |
| Admin fee / account holder | $3,121 | $5,786-46.1% | $6,956-55.1% | $7,344-57.5% |