Filed July 29, 2020
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 10-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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,554 | $58,851-9.0% | $115,157-53.5% | $72,985-26.6% |
| Participation rate | 33.3% | 65.5%-32.2pp | 75.9%-42.6pp | 69.5%-36.2pp |
| Annual return | 18.56% | 23.16%-4.6pp | 35.60%-17.0pp | 81.00%-62.4pp |
| Employer contribution / active EE | $808 | $1,798-55.1% | $3,179-74.6% | $2,440-66.9% |
| Participant deferral / active EE | $1,794 | $2,643-32.1% | $4,168-57.0% | $3,607-50.3% |
| Admin fee / account holder | $929 | $6,370-85.4% | $7,088-86.9% | $5,124-81.9% |