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 | $89,546 | $84,556+5.9% | $116,228-23.0% | $74,304+20.5% |
| Participation rate | 33.3% | 66.0%-32.7pp | 74.6%-41.2pp | 60.3%-27.0pp |
| Annual return | 13.63% | 18.35%-4.7pp | 90.06%-76.4pp | 29.43%-15.8pp |
| Employer contribution / active EE | $1,239 | $2,168-42.9% | $2,994-58.6% | $2,241-44.7% |
| Participant deferral / active EE | $2,966 | $3,814-22.2% | $4,953-40.1% | $3,767-21.3% |
| Admin fee / account holder | $12,428 | $3,792+227.8% | $11,989+3.7% | $2,969+318.6% |