Filed October 24, 2016
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.
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 | $10,552 | $95,803-89.0% | $113,168-90.7% | $84,808-87.6% |
| Participation rate | 63.0% | 72.9%-9.8pp | 76.6%-13.5pp | 68.3%-5.3pp |
| Annual return | 53.01% | 25.00%+28.0pp | 24.27%+28.7pp | 40.90%+12.1pp |
| Employer contribution / active EE | $889 | $2,360-62.3% | $2,975-70.1% | $2,631-66.2% |
| Participant deferral / active EE | $4,605 | $4,242+8.6% | $5,107-9.8% | $4,212+9.4% |
| Admin fee / account holder | $635 | $8,989-92.9% | $12,068-94.7% | $7,344-91.4% |