Filed June 3, 2022
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 4-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.
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,212 | $61,272-86.6% | $149,673-94.5% | $71,457-88.5% |
| Participation rate | 92.6% | 62.5%+30.1pp | 78.8%+13.8pp | 67.9%+24.7pp |
| Annual return | 82.37% | 35.85%+46.5pp | 134.42%-52.0pp | 28.85%+53.5pp |
| Employer contribution / active EE | $2,136 | $2,378-10.2% | $4,818-55.7% | $2,588-17.4% |
| Participant deferral / active EE | $2,239 | $2,917-23.3% | $5,680-60.6% | $4,289-47.8% |
| Admin fee / account holder | $728 | $1,261-42.3% | $13,210-94.5% | $1,587-54.1% |