Filed May 21, 2012
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
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.)
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 | $18,392 | $49,177-62.6% | $79,464-76.9% | $64,186-71.3% |
| Participation rate | 58.1% | 65.0%-7.0pp | 73.3%-15.3pp | 69.6%-11.5pp |
| Annual return | -9.27% | -1.16%-8.1pp | 718.14%-727.4pp | 7.63%-16.9pp |
| Employer contribution / active EE | $0 | $2,076-100.0% | $2,800-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $5,863 | $2,821+107.8% | $3,704+58.3% | $3,470+69.0% |
| Admin fee / account holder | $590 | $3,839-84.6% | $5,113-88.5% | $4,888-87.9% |