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 | $30,028 | $69,207-56.6% | $64,056-53.1% | $139,434-78.5% |
| Participation rate | 38.1% | 75.6%-37.5pp | 72.3%-34.2pp | 80.3%-42.2pp |
| Annual return | 48.37% | 45.88%+2.5pp | 33.69%+14.7pp | 372.94%-324.6pp |
| Employer contribution / active EE | $1,917 | $3,182-39.8% | $2,747-30.2% | $4,751-59.7% |
| Participant deferral / active EE | $3,430 | $4,682-26.7% | $3,880-11.6% | $6,710-48.9% |
| Admin fee / account holder | $407 | $4,244-90.4% | $3,068-86.7% | $11,403-96.4% |