Filed February 7, 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.
Employer 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 | $23,373 | $109,359-78.6% | $162,163-85.6% | $72,985-68.0% |
| Participation rate | 66.7% | 84.3%-17.6pp | 87.6%-20.9pp | 69.5%-2.8pp |
| Annual return | 0.00% | 25.46%-25.5pp | 115.59%-115.6pp | 81.00%-81.0pp |
| Employer contribution / active EE | $596 | $3,907-84.8% | $5,614-89.4% | $2,440-75.6% |
| Participant deferral / active EE | $5,236 | $5,481-4.5% | $7,298-28.3% | $3,607+45.1% |
| Admin fee / account holder | $390 | $7,972-95.1% | $10,843-96.4% | $5,124-92.4% |