Filed March 24, 2022
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,966 | $55,453-82.0% | $170,442-94.2% | $62,292-84.0% |
| Participation rate | 43.8% | 66.4%-22.6pp | 83.6%-39.8pp | 69.5%-25.8pp |
| Annual return | 17.53% | 21.38%-3.8pp | 205.93%-188.4pp | 28.90%-11.4pp |
| Employer contribution / active EE | $351 | $2,164-83.8% | $5,433-93.5% | $2,042-82.8% |
| Participant deferral / active EE | $670 | $2,303-70.9% | $4,939-86.4% | $3,169-78.9% |
| Admin fee / account holder | $75 | $455-83.5% | $13,880-99.5% | $479-84.4% |