Filed November 20, 2015 (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.
Employer 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.)
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 | $19,668 | $61,660-68.1% | $80,019-75.4% | $64,186-69.4% |
| Participation rate | 48.3% | 71.7%-23.4pp | 75.8%-27.6pp | 69.6%-21.3pp |
| Annual return | -6.18% | -0.33%-5.9pp | 11.22%-17.4pp | 7.63%-13.8pp |
| Employer contribution / active EE | $264 | $1,810-85.4% | $2,468-89.3% | $2,381-88.9% |
| Participant deferral / active EE | $1,641 | $2,968-44.7% | $3,686-55.5% | $3,470-52.7% |
| Admin fee / account holder | $1,417 | $5,417-73.8% | $6,521-78.3% | $4,888-71.0% |