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 | $46,819 | $87,013-46.2% | $106,213-55.9% | $80,856-42.1% |
| Participation rate | 51.3% | 70.4%-19.2pp | 75.3%-24.0pp | 67.6%-16.4pp |
| Annual return | 16.85% | 17.05%-0.2pp | 116.14%-99.3pp | 35.59%-18.7pp |
| Employer contribution / active EE | $0 | $2,395-100.0% | $3,171-100.0% | $2,755-100.0% |
| Participant deferral / active EE | $1,707 | $3,986-57.2% | $5,016-66.0% | $4,296-60.3% |
| Admin fee / account holder | $6,126 | $8,431-27.3% | $11,033-44.5% | $6,918-11.5% |