Filed January 7, 2021
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $158,572 | $95,803+65.5% | $113,168+40.1% | $84,808+87.0% |
| Participation rate | 52.9% | 72.9%-19.9pp | 76.6%-23.6pp | 68.3%-15.4pp |
| Annual return | 11.63% | 25.00%-13.4pp | 24.27%-12.6pp | 40.90%-29.3pp |
| Employer contribution / active EE | $0 | $2,360-100.0% | $2,975-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $4,573 | $4,242+7.8% | $5,107-10.4% | $4,212+8.6% |
| Admin fee / account holder | $5,608 | $8,989-37.6% | $12,068-53.5% | $7,344-23.6% |