Filed December 9, 2020 (most recent of 2 filings on file)
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,486 | $77,314-58.0% | $177,989-81.7% | $80,856-59.8% |
| Participation rate | 38.0% | 65.7%-27.7pp | 77.1%-39.1pp | 67.6%-29.6pp |
| Annual return | 8.36% | 18.09%-9.7pp | 294.48%-286.1pp | 35.59%-27.2pp |
| Employer contribution / active EE | $1,220 | $2,292-46.8% | $3,949-69.1% | $2,755-55.7% |
| Participant deferral / active EE | $2,275 | $4,411-48.4% | $6,276-63.8% | $4,296-47.0% |
| Admin fee / account holder | $8,446 | $7,191+17.5% | $10,363-18.5% | $6,918+22.1% |