Filed December 4, 2018
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.)
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 | $19,000 | $67,411-71.8% | $91,001-79.1% | $70,131-72.9% |
| Participation rate | 43.6% | 71.4%-27.8pp | 75.6%-32.0pp | 69.5%-26.0pp |
| Annual return | 20.70% | -40.16%+60.9pp | 4.60%+16.1pp | 73.14%-52.4pp |
| Employer contribution / active EE | $1,151 | $1,786-35.6% | $2,456-53.1% | $2,342-50.9% |
| Participant deferral / active EE | $1,807 | $2,823-36.0% | $3,547-49.1% | $3,332-45.8% |
| Admin fee / account holder | $491 | $4,236-88.4% | $5,417-90.9% | $4,645-89.4% |