Filed November 10, 2020 (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.
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 | $48,357 | $49,915-3.1% | $154,803-68.8% | $74,304-34.9% |
| Participation rate | 34.2% | 54.0%-19.7pp | 78.1%-43.8pp | 60.3%-26.1pp |
| Annual return | 11.91% | 34.06%-22.1pp | 58.88%-47.0pp | 29.43%-17.5pp |
| Employer contribution / active EE | $0 | $1,611-100.0% | $4,305-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $2,350 | $2,255+4.2% | $5,540-57.6% | $3,767-37.6% |
| Admin fee / account holder | $6,413 | $2,189+193.0% | $14,329-55.2% | $2,969+116.0% |