Filed July 14, 2021
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.)
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 | $13,476 | $76,000-82.3% | $154,107-91.3% | $64,186-79.0% |
| Participation rate | 53.3% | 70.4%-17.1pp | 83.0%-29.7pp | 69.6%-16.2pp |
| Annual return | 7.36% | 30.32%-23.0pp | 735.12%-727.8pp | 7.63%-0.3pp |
| Employer contribution / active EE | $417 | $3,351-87.6% | $5,298-92.1% | $2,381-82.5% |
| Participant deferral / active EE | $1,647 | $3,175-48.1% | $5,081-67.6% | $3,470-52.5% |
| Admin fee / account holder | $825 | $5,596-85.3% | $13,411-93.8% | $4,888-83.1% |