Filed January 19, 2023
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 3-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,502 | $30,588-95.1% | $53,898-97.2% | $85,563-98.2% |
| Participation rate | 37.2% | 26.3%+10.8pp | 55.0%-17.8pp | 66.0%-28.8pp |
| Annual return | 41.03% | 50.42%-9.4pp | 528.60%-487.6pp | 31.51%+9.5pp |
| Employer contribution / active EE | $0 | $436-100.0% | $932-100.0% | $2,654-100.0% |
| Participant deferral / active EE | $398 | $848-53.0% | $1,826-78.2% | $4,375-90.9% |
| Admin fee / account holder | $260 | $1,879-86.2% | $2,491-89.6% | $834-68.9% |