Filed February 21, 2022
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 8-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 | $43,114 | $60,022-28.2% | $88,946-51.5% | $84,808-49.2% |
| Participation rate | 68.1% | 57.8%+10.2pp | 68.8%-0.8pp | 68.3%-0.2pp |
| Annual return | 22.91% | 22.43%+0.5pp | 57.82%-34.9pp | 40.90%-18.0pp |
| Employer contribution / active EE | $1,799 | $1,703+5.6% | $2,555-29.6% | $2,631-31.6% |
| Participant deferral / active EE | $4,282 | $3,114+37.5% | $4,581-6.5% | $4,212+1.7% |
| Admin fee / account holder | $706 | $4,811-85.3% | $8,261-91.5% | $7,344-90.4% |