Filed November 3, 2020
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 | $18,476 | $85,202-78.3% | $172,739-89.3% | $72,985-74.7% |
| Participation rate | 62.5% | 70.1%-7.6pp | 82.6%-20.1pp | 69.5%-7.0pp |
| Annual return | 27.72% | 27.32%+0.4pp | 802.84%-775.1pp | 81.00%-53.3pp |
| Employer contribution / active EE | $1,219 | $3,324-63.3% | $5,143-76.3% | $2,440-50.1% |
| Participant deferral / active EE | $2,416 | $3,260-25.9% | $5,198-53.5% | $3,607-33.0% |
| Admin fee / account holder | $972 | $5,884-83.5% | $13,954-93.0% | $5,124-81.0% |