Filed February 10, 2023
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 | $73,412 | $89,753-18.2% | $107,525-31.7% | $84,808-13.4% |
| Participation rate | 63.2% | 68.1%-4.9pp | 75.1%-11.9pp | 68.3%-5.2pp |
| Annual return | 17.20% | 29.48%-12.3pp | 181.32%-164.1pp | 40.90%-23.7pp |
| Employer contribution / active EE | $2,438 | $3,113-21.7% | $3,754-35.0% | $2,631-7.3% |
| Participant deferral / active EE | $6,733 | $4,056+66.0% | $5,116+31.6% | $4,212+59.9% |
| Admin fee / account holder | $12,118 | $7,222+67.8% | $8,919+35.9% | $7,344+65.0% |