Filed November 10, 2023 (most recent of 3 filings on file)
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 | $96,587 | $53,053+82.1% | $126,539-23.7% | $74,304+30.0% |
| Participation rate | 44.3% | 48.0%-3.8pp | 69.8%-25.6pp | 60.3%-16.1pp |
| Annual return | 14.89% | 29.46%-14.6pp | 425.95%-411.1pp | 29.43%-14.5pp |
| Employer contribution / active EE | $1,790 | $1,168+53.3% | $3,674-51.3% | $2,241-20.1% |
| Participant deferral / active EE | $3,586 | $2,303+55.7% | $4,083-12.2% | $3,767-4.8% |
| Admin fee / account holder | $3,170 | $3,698-14.3% | $6,065-47.7% | $2,969+6.8% |