Filed January 23, 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 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.)
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 | $6,185 | $43,327-85.7% | $59,878-89.7% | $64,186-90.4% |
| Participation rate | 44.9% | 69.2%-24.2pp | 74.7%-29.8pp | 69.6%-24.6pp |
| Annual return | 4.24% | -1.55%+5.8pp | 3.46%+0.8pp | 7.63%-3.4pp |
| Employer contribution / active EE | $933 | $2,028-54.0% | $2,722-65.7% | $2,381-60.8% |
| Participant deferral / active EE | $850 | $2,546-66.6% | $3,402-75.0% | $3,470-75.5% |
| Admin fee / account holder | $525 | $3,005-82.5% | $3,590-85.4% | $4,888-89.3% |