Filed June 8, 2009
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
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 | $48,692 | $87,037-44.1% | $106,201-54.2% | $80,874-39.8% |
| Participation rate | 59.1% | 70.4%-11.4pp | 75.3%-16.2pp | 67.6%-8.6pp |
| Annual return | 11.60% | 17.05%-5.5pp | 116.26%-104.7pp | 35.62%-24.0pp |
| Employer contribution / active EE | $1,393 | $2,396-41.9% | $3,170-56.1% | $2,756-49.5% |
| Participant deferral / active EE | $2,536 | $3,986-36.4% | $5,012-49.4% | $4,297-41.0% |
| Admin fee / account holder | $3,207 | $8,434-62.0% | $11,039-71.0% | $6,935-53.8% |