Filed June 10, 2024 (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 | $70,248 | $45,073+55.9% | $69,455+1.1% | $72,985-3.7% |
| Participation rate | 43.1% | 68.5%-25.4pp | 74.6%-31.5pp | 69.5%-26.4pp |
| Annual return | 13.39% | 22.65%-9.3pp | 28.97%-15.6pp | 81.00%-67.6pp |
| Employer contribution / active EE | $0 | $2,054-100.0% | $2,779-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,691 | $2,602-35.0% | $3,535-52.2% | $3,607-53.1% |
| Admin fee / account holder | $22,763 | $3,056+645.0% | $3,839+492.9% | $5,124+344.2% |