Filed November 7, 2024
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 3-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $17,296 | $86,944-80.1% | $107,525-83.9% | $74,304-76.7% |
| Participation rate | 35.1% | 59.6%-24.5pp | 75.1%-40.0pp | 60.3%-25.3pp |
| Annual return | 55.43% | 23.52%+31.9pp | 181.32%-125.9pp | 29.43%+26.0pp |
| Employer contribution / active EE | $1,066 | $2,757-61.3% | $3,754-71.6% | $2,241-52.4% |
| Participant deferral / active EE | $1,786 | $3,554-49.7% | $5,116-65.1% | $3,767-52.6% |
| Admin fee / account holder | $3,943 | $3,727+5.8% | $8,919-55.8% | $2,969+32.8% |