Filed June 16, 2022 (most recent of 2 filings on file)
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 | $56,073 | $71,192-21.2% | $117,854-52.4% | $62,292-10.0% |
| Participation rate | 49.0% | 74.2%-25.2pp | 79.7%-30.7pp | 69.5%-20.5pp |
| Annual return | 56.57% | 18.66%+37.9pp | 335.08%-278.5pp | 28.90%+27.7pp |
| Employer contribution / active EE | $1,279 | $1,934-33.9% | $3,786-66.2% | $2,042-37.4% |
| Participant deferral / active EE | $2,734 | $3,189-14.3% | $4,482-39.0% | $3,169-13.7% |
| Admin fee / account holder | $6,494 | $587+1005.8% | $8,020-19.0% | $479+1254.8% |