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.)
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 | $117,444 | $86,944+35.1% | $107,525+9.2% | $74,304+58.1% |
| Participation rate | 23.4% | 59.6%-36.1pp | 75.1%-51.7pp | 60.3%-36.9pp |
| Annual return | 15.96% | 23.52%-7.6pp | 181.32%-165.4pp | 29.43%-13.5pp |
| Employer contribution / active EE | $604 | $2,757-78.1% | $3,754-83.9% | $2,241-73.1% |
| Participant deferral / active EE | $1,842 | $3,554-48.2% | $5,116-64.0% | $3,767-51.1% |
| Admin fee / account holder | $1,524 | $3,727-59.1% | $8,919-82.9% | $2,969-48.7% |