Filed January 26, 2018
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 | $95,735 | $72,277+32.5% | $101,248-5.4% | $79,858+19.9% |
| Participation rate | 32.6% | 68.5%-35.9pp | 75.8%-43.2pp | 69.6%-37.1pp |
| Annual return | 7.68% | 22.30%-14.6pp | 46.47%-38.8pp | 31.71%-24.0pp |
| Employer contribution / active EE | $1,516 | $2,692-43.7% | $3,660-58.6% | $2,471-38.6% |
| Participant deferral / active EE | $3,362 | $3,282+2.4% | $4,370-23.1% | $3,740-10.1% |
| Admin fee / account holder | $5,861 | $4,400+33.2% | $5,945-1.4% | $5,306+10.5% |