Filed October 14, 2019
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 | $50,747 | $71,050-28.6% | $93,606-45.8% | $80,856-37.2% |
| Participation rate | 69.8% | 60.4%+9.4pp | 68.7%+1.0pp | 67.6%+2.1pp |
| Annual return | 14.07% | 11.26%+2.8pp | 133.20%-119.1pp | 35.59%-21.5pp |
| Employer contribution / active EE | $3,117 | $1,564+99.4% | $2,420+28.8% | $2,755+13.2% |
| Participant deferral / active EE | $5,588 | $4,034+38.5% | $4,411+26.7% | $4,296+30.1% |
| Admin fee / account holder | $3,218 | $6,945-53.7% | $8,285-61.2% | $6,918-53.5% |