Filed December 3, 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 5-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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,566 | $81,474-67.4% | $133,956-80.2% | $73,488-63.9% |
| Participation rate | 41.2% | 76.4%-35.2pp | 79.8%-38.7pp | 70.7%-29.5pp |
| Annual return | 18.04% | 19.40%-1.4pp | 45.09%-27.1pp | 28.51%-10.5pp |
| Employer contribution / active EE | $607 | $2,209-72.5% | $3,919-84.5% | $2,270-73.2% |
| Participant deferral / active EE | $1,163 | $3,786-69.3% | $5,048-77.0% | $3,740-68.9% |
| Admin fee / account holder | $11 | $713-98.5% | $8,927-99.9% | $513-97.9% |