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 | $52,829 | $57,016-7.3% | $84,966-37.8% | $80,856-34.7% |
| Participation rate | 53.6% | 56.3%-2.8pp | 67.5%-13.9pp | 67.6%-14.1pp |
| Annual return | 13.86% | 21.66%-7.8pp | 66.38%-52.5pp | 35.59%-21.7pp |
| Employer contribution / active EE | $1,642 | $1,798-8.6% | $2,727-39.8% | $2,755-40.4% |
| Participant deferral / active EE | $4,420 | $3,110+42.1% | $4,519-2.2% | $4,296+2.9% |
| Admin fee / account holder | $2,712 | $4,980-45.6% | $6,149-55.9% | $6,918-60.8% |