Filed December 30, 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 3-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $54,796 | $131,799-58.4% | $200,582-72.7% | $85,563-36.0% |
| Participation rate | 19.9% | 87.9%-68.0pp | 86.9%-67.0pp | 66.0%-46.1pp |
| Annual return | 17.11% | 21.59%-4.5pp | 42.33%-25.2pp | 31.51%-14.4pp |
| Employer contribution / active EE | $0 | $4,532-100.0% | $6,419-100.0% | $2,654-100.0% |
| Participant deferral / active EE | $1,980 | $7,702-74.3% | $9,331-78.8% | $4,375-54.7% |
| Admin fee / account holder | $8,584 | $235+3552.0% | $16,305-47.4% | $834+929.0% |