Filed December 12, 2023 (most recent of 3 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 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.)
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 | $33,641 | $53,127-36.7% | $86,590-61.1% | $70,131-52.0% |
| Participation rate | 55.3% | 65.3%-10.0pp | 73.5%-18.3pp | 69.5%-14.3pp |
| Annual return | 18.58% | 27.66%-9.1pp | 964.84%-946.3pp | 73.14%-54.6pp |
| Employer contribution / active EE | $2,002 | $2,068-3.2% | $2,839-29.5% | $2,342-14.5% |
| Participant deferral / active EE | $3,538 | $2,696+31.2% | $3,609-2.0% | $3,332+6.2% |
| Admin fee / account holder | $6,754 | $3,585+88.4% | $4,906+37.7% | $4,645+45.4% |