Filed October 24, 2023 (most recent of 3 filings on file)
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 | $63,846 | $83,477-23.5% | $125,175-49.0% | $72,985-12.5% |
| Participation rate | 52.6% | 73.3%-20.7pp | 79.8%-27.2pp | 69.5%-16.9pp |
| Annual return | 22.58% | 25.78%-3.2pp | 43.79%-21.2pp | 81.00%-58.4pp |
| Employer contribution / active EE | $1,738 | $2,345-25.9% | $3,865-55.0% | $2,440-28.8% |
| Participant deferral / active EE | $2,859 | $3,585-20.3% | $4,937-42.1% | $3,607-20.8% |
| Admin fee / account holder | $4,659 | $5,517-15.6% | $9,702-52.0% | $5,124-9.1% |