Filed February 27, 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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,140 | $82,202-82.8% | $125,339-88.7% | $64,808-78.2% |
| Participation rate | 48.9% | 77.9%-29.0pp | 82.4%-33.5pp | 71.5%-22.6pp |
| Annual return | -11.75% | 3.48%-15.2pp | 572.05%-583.8pp | 32.82%-44.6pp |
| Employer contribution / active EE | $2,152 | $3,615-40.5% | $4,814-55.3% | $2,506-14.1% |
| Participant deferral / active EE | $4,257 | $7,175-40.7% | $7,446-42.8% | $4,310-1.2% |
| Admin fee / account holder | $3 | $163-98.2% | $10,010-100.0% | $188-98.4% |