Filed May 27, 2015
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $152,905 | $109,413+39.7% | $156,263-2.1% | $84,808+80.3% |
| Participation rate | 66.7% | 72.7%-6.0pp | 78.9%-12.2pp | 68.3%-1.6pp |
| Annual return | 11.64% | 20.18%-8.5pp | 59.47%-47.8pp | 40.90%-29.3pp |
| Employer contribution / active EE | $408 | $2,907-86.0% | $4,333-90.6% | $2,631-84.5% |
| Participant deferral / active EE | $2,501 | $4,590-45.5% | $6,158-59.4% | $4,212-40.6% |
| Admin fee / account holder | $4,289 | $9,357-54.2% | $14,255-69.9% | $7,344-41.6% |