Filed April 4, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $32,562 | $89,355-63.6% | $141,162-76.9% | $72,985-55.4% |
| Participation rate | 96.5% | 75.1%+21.4pp | 82.5%+14.0pp | 69.5%+27.0pp |
| Annual return | 18.32% | 111.85%-93.5pp | 71.39%-53.1pp | 81.00%-62.7pp |
| Employer contribution / active EE | $565 | $3,114-81.9% | $4,735-88.1% | $2,440-76.8% |
| Participant deferral / active EE | $4,340 | $5,418-19.9% | $6,709-35.3% | $3,607+20.3% |
| Admin fee / account holder | $876 | $5,958-85.3% | $10,261-91.5% | $5,124-82.9% |