Filed October 23, 2024
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
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 | $59,318 | $48,364+22.6% | $71,796-17.4% | $62,891-5.7% |
| Participation rate | 29.7% | 60.6%-30.9pp | 69.1%-39.4pp | 69.3%-39.6pp |
| Annual return | 10.49% | 13.16%-2.7pp | 78.04%-67.6pp | 20.14%-9.7pp |
| Employer contribution / active EE | $993 | $1,042-4.7% | $1,924-48.4% | $2,281-56.5% |
| Participant deferral / active EE | $2,088 | $2,091-0.2% | $2,794-25.3% | $3,203-34.8% |
| Admin fee / account holder | $1,004 | $3,771-73.4% | $4,815-79.2% | $4,296-76.6% |