Filed April 7, 2016 (most recent of 2 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 7-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 | $56,851 | $71,516-20.5% | $98,439-42.2% | $71,457-20.4% |
| Participation rate | 38.7% | 72.7%-34.0pp | 75.2%-36.4pp | 67.9%-29.2pp |
| Annual return | 25.59% | 32.41%-6.8pp | 21.16%+4.4pp | 28.85%-3.3pp |
| Employer contribution / active EE | $1,151 | $2,399-52.0% | $3,048-62.2% | $2,588-55.5% |
| Participant deferral / active EE | $2,931 | $4,109-28.7% | $4,738-38.1% | $4,289-31.7% |
| Admin fee / account holder | $742 | $1,675-55.7% | $8,948-91.7% | $1,587-53.3% |