Filed January 16, 2024 (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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,928 | $56,317-64.6% | $71,209-72.0% | $74,304-73.2% |
| Participation rate | 37.3% | 55.1%-17.8pp | 73.8%-36.4pp | 60.3%-23.0pp |
| Annual return | 18.74% | 42.83%-24.1pp | 282.51%-263.8pp | 29.43%-10.7pp |
| Employer contribution / active EE | $593 | $2,160-72.6% | $2,721-78.2% | $2,241-73.6% |
| Participant deferral / active EE | $1,422 | $2,788-49.0% | $4,175-65.9% | $3,767-62.3% |
| Admin fee / account holder | $2,513 | $2,290+9.7% | $5,349-53.0% | $2,969-15.4% |