Filed April 22, 2021
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.)
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 | $46,888 | $45,035+4.1% | $62,995-25.6% | $70,131-33.1% |
| Participation rate | 64.9% | 69.5%-4.6pp | 74.8%-9.9pp | 69.5%-4.6pp |
| Annual return | 10.88% | 18.76%-7.9pp | 87.57%-76.7pp | 73.14%-62.3pp |
| Employer contribution / active EE | $1,711 | $2,051-16.6% | $2,759-38.0% | $2,342-27.0% |
| Participant deferral / active EE | $2,285 | $2,465-7.3% | $3,329-31.4% | $3,332-31.4% |
| Admin fee / account holder | $4,984 | $2,834+75.9% | $3,600+38.5% | $4,645+7.3% |