Filed November 7, 2023
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.)
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 | $39,998 | $91,190-56.1% | $178,490-77.6% | $79,858-49.9% |
| Participation rate | 55.3% | 69.2%-13.9pp | 81.9%-26.6pp | 69.6%-14.3pp |
| Annual return | 17.77% | 24.19%-6.4pp | 151.07%-133.3pp | 31.71%-13.9pp |
| Employer contribution / active EE | $2,964 | $3,256-9.0% | $5,011-40.9% | $2,471+19.9% |
| Participant deferral / active EE | $4,713 | $3,236+45.6% | $5,202-9.4% | $3,740+26.0% |
| Admin fee / account holder | $1,083 | $6,751-84.0% | $13,984-92.3% | $5,306-79.6% |