Filed August 16, 2019
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 6-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,278 | $70,428-74.0% | $96,562-81.1% | $85,850-78.7% |
| Participation rate | 50.0% | 61.8%-11.8pp | 69.8%-19.8pp | 69.3%-19.3pp |
| Annual return | 11.35% | 18.59%-7.2pp | 37.78%-26.4pp | 318.53%-307.2pp |
| Employer contribution / active EE | $2,395 | $1,413+69.5% | $2,356+1.6% | $2,565-6.6% |
| Participant deferral / active EE | $2,598 | $2,894-10.2% | $3,849-32.5% | $3,952-34.3% |
| Admin fee / account holder | $1,069 | $4,997-78.6% | $6,181-82.7% | $6,260-82.9% |