Filed March 24, 2021
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $533 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,427 | $61,272-71.6% | $149,673-88.4% | $71,457-75.6% |
| Participation rate | 24.8% | 62.5%-37.7pp | 78.8%-54.0pp | 67.9%-43.1pp |
| Annual return | 14.05% | 35.85%-21.8pp | 134.42%-120.4pp | 28.85%-14.8pp |
| Employer contribution / active EE | $118 | $2,378-95.0% | $4,818-97.5% | $2,588-95.4% |
| Participant deferral / active EE | $864 | $2,917-70.4% | $5,680-84.8% | $4,289-79.9% |
| Admin fee / account holder | $4 | $1,261-99.7% | $13,210-100.0% | $1,587-99.8% |