Filed April 26, 2019
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 | $24,602 | $60,396-59.3% | $111,392-77.9% | $56,287-56.3% |
| Participation rate | 36.1% | 72.4%-36.3pp | 78.9%-42.7pp | 69.9%-33.7pp |
| Annual return | -10.72% | 20.26%-31.0pp | -2.06%-8.7pp | -9.96%-0.8pp |
| Employer contribution / active EE | $0 | $3,459-100.0% | $4,328-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $1,907 | $4,421-56.9% | $5,567-65.7% | $3,350-43.1% |
| Admin fee / account holder | $1,137 | $610+86.3% | $12,266-90.7% | $521+118.2% |