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 | $53,486 | $56,357-5.1% | $104,294-48.7% | $68,494-21.9% |
| Participation rate | 28.9% | 63.3%-34.4pp | 73.3%-44.4pp | 67.9%-39.0pp |
| Annual return | -15.24% | -9.19%-6.0pp | 24.61%-39.8pp | -7.84%-7.4pp |
| Employer contribution / active EE | $938 | $1,960-52.1% | $3,372-72.2% | $2,596-63.9% |
| Participant deferral / active EE | $2,125 | $3,077-30.9% | $4,625-54.0% | $4,027-47.2% |
| Admin fee / account holder | $6,407 | $4,903+30.7% | $7,339-12.7% | $5,403+18.6% |