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 | $54,344 | $91,552-40.6% | $133,956-59.4% | $79,858-31.9% |
| Participation rate | 61.6% | 73.3%-11.7pp | 79.8%-18.2pp | 69.6%-8.0pp |
| Annual return | 15.17% | 61.85%-46.7pp | 45.09%-29.9pp | 31.71%-16.5pp |
| Employer contribution / active EE | $2,032 | $2,384-14.8% | $3,919-48.2% | $2,471-17.8% |
| Participant deferral / active EE | $3,230 | $3,733-13.5% | $5,048-36.0% | $3,740-13.6% |
| Admin fee / account holder | $19,926 | $6,321+215.3% | $8,927+123.2% | $5,306+275.5% |