Filed January 21, 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 9-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 | $68,320 | $60,022+13.8% | $88,946-23.2% | $84,808-19.4% |
| Participation rate | 49.2% | 57.8%-8.6pp | 68.8%-19.6pp | 68.3%-19.1pp |
| Annual return | 16.61% | 22.43%-5.8pp | 57.82%-41.2pp | 40.90%-24.3pp |
| Employer contribution / active EE | $1,480 | $1,703-13.1% | $2,555-42.1% | $2,631-43.7% |
| Participant deferral / active EE | $2,720 | $3,114-12.7% | $4,581-40.6% | $4,212-35.4% |
| Admin fee / account holder | $2,201 | $4,811-54.3% | $8,261-73.4% | $7,344-70.0% |