Filed June 27, 2019 (most recent of 3 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $153,648 | $84,556+81.7% | $116,228+32.2% | $74,304+106.8% |
| Participation rate | 13.0% | 66.0%-53.1pp | 74.6%-61.6pp | 60.3%-47.4pp |
| Annual return | 14.41% | 18.35%-3.9pp | 90.06%-75.7pp | 29.43%-15.0pp |
| Employer contribution / active EE | $597 | $2,168-72.4% | $2,994-80.0% | $2,241-73.3% |
| Participant deferral / active EE | $1,033 | $3,814-72.9% | $4,953-79.1% | $3,767-72.6% |
| Admin fee / account holder | $4,803 | $3,792+26.7% | $11,989-59.9% | $2,969+61.8% |