Filed February 19, 2020 (most recent of 2 filings on file)
Total covered: 3 employees
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 | $40,136 | $49,922-19.6% | $80,569-50.2% | $75,163-46.6% |
| Participation rate | 52.6% | 55.3%-2.7pp | 67.0%-14.4pp | 67.2%-14.6pp |
| Annual return | 21.57% | 34.69%-13.1pp | 935.43%-913.9pp | 160.62%-139.0pp |
| Employer contribution / active EE | $1,648 | $1,698-2.9% | $2,723-39.5% | $2,670-38.3% |
| Participant deferral / active EE | $3,992 | $2,990+33.5% | $4,447-10.2% | $4,125-3.2% |
| Admin fee / account holder | $1,693 | $3,577-52.7% | $5,377-68.5% | $5,651-70.0% |