Filed July 24, 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 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.
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 | $43,651 | $70,756-38.3% | $65,493-33.3% | $142,382-69.3% |
| Participation rate | 43.5% | 77.4%-33.9pp | 73.1%-29.6pp | 80.1%-36.6pp |
| Annual return | 17.35% | 1754.89%-1737.5pp | 982.45%-965.1pp | 217.08%-199.7pp |
| Employer contribution / active EE | $2,078 | $2,881-27.9% | $2,574-19.3% | $4,299-51.7% |
| Participant deferral / active EE | $4,028 | $4,637-13.1% | $3,961+1.7% | $6,507-38.1% |
| Admin fee / account holder | $6,264 | $6,559-4.5% | $5,028+24.6% | $12,624-50.4% |