Filed August 3, 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 8-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 | $38,415 | $77,314-50.3% | $177,989-78.4% | $80,856-52.5% |
| Participation rate | 55.3% | 65.7%-10.4pp | 77.1%-21.8pp | 67.6%-12.4pp |
| Annual return | 18.58% | 18.09%+0.5pp | 294.48%-275.9pp | 35.59%-17.0pp |
| Employer contribution / active EE | $3,545 | $2,292+54.7% | $3,949-10.2% | $2,755+28.7% |
| Participant deferral / active EE | $5,238 | $4,411+18.8% | $6,276-16.5% | $4,296+21.9% |
| Admin fee / account holder | $4,047 | $7,191-43.7% | $10,363-60.9% | $6,918-41.5% |