Filed March 23, 2023
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 3-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $32,747 | $101,317-67.7% | $146,958-77.7% | $74,495-56.0% |
| Participation rate | 63.8% | 75.5%-11.7pp | 82.2%-18.3pp | 67.2%-3.4pp |
| Annual return | 38.07% | 8730.91%-8692.8pp | 418.34%-380.3pp | 1364.94%-1326.9pp |
| Employer contribution / active EE | $2,117 | $3,810-44.4% | $4,933-57.1% | $2,623-19.3% |
| Participant deferral / active EE | $5,956 | $7,303-18.4% | $8,070-26.2% | $4,346+37.0% |
| Admin fee / account holder | $1,107 | $1,739-36.3% | $12,998-91.5% | $1,942-43.0% |