Filed July 2, 2024
Total covered: 4 employees
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 | $56,469 | $48,570+16.3% | $130,648-56.8% | $72,985-22.6% |
| Participation rate | 52.5% | 58.6%-6.1pp | 71.7%-19.2pp | 69.5%-17.0pp |
| Annual return | 22.17% | 38.63%-16.5pp | 1708.96%-1686.8pp | 81.00%-58.8pp |
| Employer contribution / active EE | $1,138 | $1,334-14.7% | $4,092-72.2% | $2,440-53.3% |
| Participant deferral / active EE | $2,212 | $2,384-7.2% | $3,603-38.6% | $3,607-38.7% |
| Admin fee / account holder | $10,396 | $3,549+192.9% | $5,464+90.3% | $5,124+102.9% |