Filed June 14, 2021
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 6-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $107,075 | $93,571+14.4% | $135,903-21.2% | $75,163+42.5% |
| Participation rate | 40.7% | 75.2%-34.4pp | 81.9%-41.2pp | 67.2%-26.5pp |
| Annual return | 17.41% | 30.90%-13.5pp | 68.23%-50.8pp | 160.62%-143.2pp |
| Employer contribution / active EE | $157 | $3,537-95.6% | $4,856-96.8% | $2,670-94.1% |
| Participant deferral / active EE | $4,419 | $6,404-31.0% | $7,758-43.0% | $4,125+7.1% |
| Admin fee / account holder | $6,094 | $6,975-12.6% | $10,762-43.4% | $5,651+7.8% |