Filed May 12, 2023
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 4-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 | $11,958 | $59,097-79.8% | $82,389-85.5% | $74,304-83.9% |
| Participation rate | 33.7% | 52.8%-19.0pp | 69.5%-35.8pp | 60.3%-26.6pp |
| Annual return | 21.92% | 22.85%-0.9pp | 28.67%-6.7pp | 29.43%-7.5pp |
| Employer contribution / active EE | $452 | $1,601-71.8% | $2,517-82.1% | $2,241-79.9% |
| Participant deferral / active EE | $990 | $2,775-64.3% | $4,155-76.2% | $3,767-73.7% |
| Admin fee / account holder | $1,680 | $4,489-62.6% | $7,231-76.8% | $2,969-43.4% |