Filed July 31, 2020
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.)
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 | $60,461 | $89,355-32.3% | $141,162-57.2% | $72,985-17.2% |
| Participation rate | 62.7% | 75.1%-12.4pp | 82.5%-19.8pp | 69.5%-6.8pp |
| Annual return | 788.79% | 111.85%+676.9pp | 71.39%+717.4pp | 81.00%+707.8pp |
| Employer contribution / active EE | $2,655 | $3,114-14.7% | $4,735-43.9% | $2,440+8.8% |
| Participant deferral / active EE | $7,206 | $5,418+33.0% | $6,709+7.4% | $3,607+99.8% |
| Admin fee / account holder | $6,132 | $5,958+2.9% | $10,261-40.2% | $5,124+19.7% |