Filed November 6, 2017 (most recent of 2 filings on file)
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.
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,638 | $81,460+38.3% | $103,333+9.0% | $80,856+39.3% |
| Participation rate | 31.1% | 66.8%-35.8pp | 74.5%-43.4pp | 67.6%-36.6pp |
| Annual return | 9.56% | 25.55%-16.0pp | 24.88%-15.3pp | 35.59%-26.0pp |
| Employer contribution / active EE | $733 | $3,105-76.4% | $3,868-81.0% | $2,755-73.4% |
| Participant deferral / active EE | $2,928 | $3,869-24.3% | $5,057-42.1% | $4,296-31.8% |
| Admin fee / account holder | $3,903 | $6,566-40.6% | $8,355-53.3% | $6,918-43.6% |