Filed August 7, 2017
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $9,305 | $49,227-81.1% | $70,449-86.8% | $79,858-88.3% |
| Participation rate | 39.7% | 69.2%-29.5pp | 75.1%-35.3pp | 69.6%-29.9pp |
| Annual return | 21.61% | 30.06%-8.5pp | 109.03%-87.4pp | 31.71%-10.1pp |
| Employer contribution / active EE | $253 | $2,099-87.9% | $2,737-90.8% | $2,471-89.8% |
| Participant deferral / active EE | $998 | $2,768-63.9% | $3,709-73.1% | $3,740-73.3% |
| Admin fee / account holder | $1,336 | $2,878-53.6% | $3,845-65.2% | $5,306-74.8% |