Filed May 18, 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 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,600 | $54,705-64.2% | $71,209-72.5% | $84,808-76.9% |
| Participation rate | 69.1% | 64.1%+5.1pp | 73.8%-4.6pp | 68.3%+0.8pp |
| Annual return | 40.56% | 35.90%+4.7pp | 282.51%-242.0pp | 40.90%-0.3pp |
| Employer contribution / active EE | $1,264 | $2,158-41.4% | $2,721-53.5% | $2,631-52.0% |
| Participant deferral / active EE | $1,696 | $3,030-44.0% | $4,175-59.4% | $4,212-59.7% |
| Admin fee / account holder | $2,748 | $4,863-43.5% | $5,349-48.6% | $7,344-62.6% |