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 | $71,229 | $49,173+44.9% | $121,098-41.2% | $75,163-5.2% |
| Participation rate | 48.6% | 55.4%-6.8pp | 69.5%-20.9pp | 67.2%-18.6pp |
| Annual return | 16.92% | 55.99%-39.1pp | 985.75%-968.8pp | 160.62%-143.7pp |
| Employer contribution / active EE | $1,666 | $1,546+7.8% | $4,164-60.0% | $2,670-37.6% |
| Participant deferral / active EE | $3,429 | $2,628+30.5% | $4,080-15.9% | $4,125-16.9% |
| Admin fee / account holder | $3,194 | $3,942-19.0% | $5,644-43.4% | $5,651-43.5% |