Filed January 5, 2021 (most recent of 2 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $67,785 | $94,625-28.4% | $116,228-41.7% | $84,808-20.1% |
| Participation rate | 32.6% | 70.4%-37.8pp | 74.6%-41.9pp | 68.3%-35.7pp |
| Annual return | 14.73% | 20.40%-5.7pp | 90.06%-75.3pp | 40.90%-26.2pp |
| Employer contribution / active EE | $670 | $2,347-71.4% | $2,994-77.6% | $2,631-74.5% |
| Participant deferral / active EE | $1,687 | $3,972-57.5% | $4,953-65.9% | $4,212-59.9% |
| Admin fee / account holder | $1,048 | $10,091-89.6% | $11,989-91.3% | $7,344-85.7% |