Filed December 22, 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 10-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 | $43,773 | $87,733-50.1% | $106,548-58.9% | $85,850-49.0% |
| Participation rate | 57.1% | 71.9%-14.8pp | 76.1%-19.0pp | 69.3%-12.2pp |
| Annual return | 15.02% | 21.86%-6.8pp | 26.80%-11.8pp | 318.53%-303.5pp |
| Employer contribution / active EE | $0 | $2,073-100.0% | $2,819-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,179 | $3,469-37.2% | $4,398-50.4% | $3,952-44.8% |
| Admin fee / account holder | $736 | $6,767-89.1% | $7,407-90.1% | $6,260-88.2% |