Filed November 4, 2016
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.
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 | $19,801 | $44,221-55.2% | $121,196-83.7% | $56,287-64.8% |
| Participation rate | 58.3% | 61.1%-2.7pp | 71.7%-13.4pp | 69.9%-11.5pp |
| Annual return | 8.06% | -3.58%+11.6pp | 16.93%-8.9pp | -9.96%+18.0pp |
| Employer contribution / active EE | $415 | $1,480-72.0% | $4,022-89.7% | $2,111-80.4% |
| Participant deferral / active EE | $1,917 | $2,521-24.0% | $3,344-42.7% | $3,350-42.8% |
| Admin fee / account holder | $5,079 | $480+957.3% | $5,019+1.2% | $521+875.0% |