Filed May 3, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $40,511 | $61,660-34.3% | $80,019-49.4% | $64,186-36.9% |
| Participation rate | 69.4% | 71.7%-2.3pp | 75.8%-6.5pp | 69.6%-0.2pp |
| Annual return | -7.75% | -0.33%-7.4pp | 11.22%-19.0pp | 7.63%-15.4pp |
| Employer contribution / active EE | $1,853 | $1,810+2.4% | $2,468-24.9% | $2,381-22.2% |
| Participant deferral / active EE | $4,244 | $2,968+43.0% | $3,686+15.2% | $3,470+22.3% |
| Admin fee / account holder | $1,432 | $5,417-73.6% | $6,521-78.0% | $4,888-70.7% |