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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,005 | $110,094-50.0% | $151,611-63.7% | $68,494-19.7% |
| Participation rate | 64.9% | 84.0%-19.1pp | 87.5%-22.6pp | 67.9%-3.0pp |
| Annual return | -20.91% | -10.12%-10.8pp | 3.33%-24.2pp | -7.84%-13.1pp |
| Employer contribution / active EE | $656 | $4,471-85.3% | $6,166-89.4% | $2,596-74.7% |
| Participant deferral / active EE | $7,376 | $6,527+13.0% | $8,363-11.8% | $4,027+83.2% |
| Admin fee / account holder | $832 | $7,719-89.2% | $11,616-92.8% | $5,403-84.6% |