Filed January 12, 2024
Total covered: 6 employees
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 6-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.
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 | $13,202 | $81,248-83.8% | $155,509-91.5% | $80,856-83.7% |
| Participation rate | 42.1% | 66.2%-24.1pp | 78.2%-36.1pp | 67.6%-25.5pp |
| Annual return | 21.86% | 33.31%-11.4pp | 64.67%-42.8pp | 35.59%-13.7pp |
| Employer contribution / active EE | $0 | $3,100-100.0% | $4,672-100.0% | $2,755-100.0% |
| Participant deferral / active EE | $2,268 | $3,452-34.3% | $5,626-59.7% | $4,296-47.2% |
| Admin fee / account holder | $56 | $7,997-99.3% | $15,912-99.7% | $6,918-99.2% |