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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $121,650 | $102,317+18.9% | $146,958-17.2% | $80,856+50.5% |
| Participation rate | 34.2% | 75.8%-41.6pp | 82.2%-47.9pp | 67.6%-33.4pp |
| Annual return | 10.41% | 134.76%-124.3pp | 418.34%-407.9pp | 35.59%-25.2pp |
| Employer contribution / active EE | $68 | $3,713-98.2% | $4,933-98.6% | $2,755-97.5% |
| Participant deferral / active EE | $6,160 | $6,644-7.3% | $8,070-23.7% | $4,296+43.4% |
| Admin fee / account holder | $12,399 | $7,941+56.1% | $12,998-4.6% | $6,918+79.2% |