Filed June 10, 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 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,841 | $109,413-79.1% | $156,263-85.4% | $84,808-73.1% |
| Participation rate | 97.1% | 72.7%+24.5pp | 78.9%+18.2pp | 68.3%+28.8pp |
| Annual return | 18.70% | 20.18%-1.5pp | 59.47%-40.8pp | 40.90%-22.2pp |
| Employer contribution / active EE | $2,273 | $2,907-21.8% | $4,333-47.5% | $2,631-13.6% |
| Participant deferral / active EE | $5,649 | $4,590+23.1% | $6,158-8.3% | $4,212+34.1% |
| Admin fee / account holder | $3,057 | $9,357-67.3% | $14,255-78.6% | $7,344-58.4% |