Filed May 2, 2016
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 5-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 | $140,193 | $30,400+361.2% | $53,898+160.1% | $84,808+65.3% |
| Participation rate | 54.3% | 46.4%+7.9pp | 55.0%-0.6pp | 68.3%-14.0pp |
| Annual return | 15.11% | 500.19%-485.1pp | 528.60%-513.5pp | 40.90%-25.8pp |
| Employer contribution / active EE | $3,395 | $603+463.2% | $932+264.2% | $2,631+29.0% |
| Participant deferral / active EE | $6,922 | $1,199+477.5% | $1,826+279.0% | $4,212+64.4% |
| Admin fee / account holder | $14,446 | $1,993+624.7% | $2,491+480.0% | $7,344+96.7% |