Filed December 5, 2024
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 8-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 | $19,295 | $52,279-63.1% | $89,391-78.4% | $79,858-75.8% |
| Participation rate | 50.0% | 57.5%-7.5pp | 68.0%-18.0pp | 69.6%-19.6pp |
| Annual return | 21.62% | 22.16%-0.5pp | 245.62%-224.0pp | 31.71%-10.1pp |
| Employer contribution / active EE | $1,584 | $1,572+0.8% | $2,586-38.8% | $2,471-35.9% |
| Participant deferral / active EE | $3,678 | $2,740+34.2% | $3,890-5.4% | $3,740-1.7% |
| Admin fee / account holder | $1,185 | $3,356-64.7% | $4,881-75.7% | $5,306-77.7% |