Filed September 8, 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.
Participant 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.)
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 | $14,531 | $80,717-82.0% | $154,803-90.6% | $84,808-82.9% |
| Participation rate | 88.7% | 66.8%+21.9pp | 78.1%+10.6pp | 68.3%+20.4pp |
| Annual return | 10.83% | 37.96%-27.1pp | 58.88%-48.0pp | 40.90%-30.1pp |
| Employer contribution / active EE | $1,210 | $2,761-56.2% | $4,305-71.9% | $2,631-54.0% |
| Participant deferral / active EE | $615 | $3,303-81.4% | $5,540-88.9% | $4,212-85.4% |
| Admin fee / account holder | $841 | $6,746-87.5% | $14,329-94.1% | $7,344-88.6% |