Filed December 5, 2024
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 | $34,215 | $91,190-62.5% | $178,490-80.8% | $79,858-57.2% |
| Participation rate | 45.2% | 69.2%-24.0pp | 81.9%-36.8pp | 69.6%-24.5pp |
| Annual return | 18.32% | 24.19%-5.9pp | 151.07%-132.7pp | 31.71%-13.4pp |
| Employer contribution / active EE | $935 | $3,256-71.3% | $5,011-81.3% | $2,471-62.2% |
| Participant deferral / active EE | $1,545 | $3,236-52.3% | $5,202-70.3% | $3,740-58.7% |
| Admin fee / account holder | $3,109 | $6,751-53.9% | $13,984-77.8% | $5,306-41.4% |