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 | $56,162 | $60,022-6.4% | $88,946-36.9% | $84,808-33.8% |
| Participation rate | 54.8% | 57.8%-3.1pp | 68.8%-14.1pp | 68.3%-13.5pp |
| Annual return | 16.53% | 22.43%-5.9pp | 57.82%-41.3pp | 40.90%-24.4pp |
| Employer contribution / active EE | $1,356 | $1,703-20.4% | $2,555-46.9% | $2,631-48.5% |
| Participant deferral / active EE | $4,175 | $3,114+34.1% | $4,581-8.9% | $4,212-0.9% |
| Admin fee / account holder | $12,173 | $4,811+153.0% | $8,261+47.4% | $7,344+65.8% |