Filed July 1, 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 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.
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 | $53,189 | $54,705-2.8% | $71,209-25.3% | $84,808-37.3% |
| Participation rate | 34.9% | 64.1%-29.1pp | 73.8%-38.8pp | 68.3%-33.4pp |
| Annual return | 18.02% | 35.90%-17.9pp | 282.51%-264.5pp | 40.90%-22.9pp |
| Employer contribution / active EE | $1,338 | $2,158-38.0% | $2,721-50.8% | $2,631-49.1% |
| Participant deferral / active EE | $2,140 | $3,030-29.4% | $4,175-48.8% | $4,212-49.2% |
| Admin fee / account holder | $3,154 | $4,863-35.2% | $5,349-41.0% | $7,344-57.1% |