Filed August 19, 2021
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 | $44,051 | $77,813-43.4% | $123,544-64.3% | $64,186-31.4% |
| Participation rate | 59.6% | 74.7%-15.1pp | 82.3%-22.7pp | 69.6%-10.0pp |
| Annual return | -6.43% | 12.48%-18.9pp | 119.20%-125.6pp | 7.63%-14.1pp |
| Employer contribution / active EE | $3,363 | $3,014+11.6% | $4,628-27.3% | $2,381+41.3% |
| Participant deferral / active EE | $6,267 | $5,240+19.6% | $6,426-2.5% | $3,470+80.6% |
| Admin fee / account holder | $3,813 | $5,519-30.9% | $9,284-58.9% | $4,888-22.0% |