Filed October 7, 2019
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 7-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 | $79,328 | $179,726-55.9% | $156,263-49.2% | $142,382-44.3% |
| Participation rate | 54.2% | 82.1%-27.9pp | 78.9%-24.7pp | 80.1%-26.0pp |
| Annual return | 21.50% | 77.86%-56.4pp | 59.47%-38.0pp | 217.08%-195.6pp |
| Employer contribution / active EE | $2,475 | $5,069-51.2% | $4,333-42.9% | $4,299-42.4% |
| Participant deferral / active EE | $5,483 | $6,956-21.2% | $6,158-11.0% | $6,507-15.7% |
| Admin fee / account holder | $401 | $17,272-97.7% | $14,255-97.2% | $12,624-96.8% |