Filed December 16, 2022
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $14,480 | $133,958-89.2% | $112,228-87.1% | $134,475-89.2% |
| Participation rate | 65.0% | 78.6%-13.6pp | 75.1%-10.1pp | 81.2%-16.2pp |
| Annual return | -21.39% | 47.11%-68.5pp | 27.45%-48.8pp | 417.96%-439.4pp |
| Employer contribution / active EE | $1,553 | $4,038-61.5% | $3,635-57.3% | $4,740-67.2% |
| Participant deferral / active EE | $2,812 | $5,291-46.9% | $4,728-40.5% | $6,400-56.1% |
| Admin fee / account holder | $1,529 | $7,489-79.6% | $6,410-76.1% | $11,426-86.6% |