Filed June 23, 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 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 | $68,919 | $59,107+16.6% | $86,436-20.3% | $68,494+0.6% |
| Participation rate | 67.2% | 75.2%-8.0pp | 80.3%-13.1pp | 67.9%-0.6pp |
| Annual return | -15.20% | -0.23%-15.0pp | 4394.89%-4410.1pp | -7.84%-7.4pp |
| Employer contribution / active EE | $1,748 | $2,519-30.6% | $3,769-53.6% | $2,596-32.7% |
| Participant deferral / active EE | $3,730 | $5,901-36.8% | $6,952-46.3% | $4,027-7.4% |
| Admin fee / account holder | $6,864 | $5,637+21.8% | $6,731+2.0% | $5,403+27.0% |