See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 | Other Services | $11,561 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,904 |
STEWART ARCHIBALD & BARNEY, LLP1+ years Filed as: STEWART ARCHIBALD & BARN Service code 13 · EIN 88-0382649 | Contract Administrator | $10,500 |
THE RETIREMENT ADVANTAGE INC1+ years Service code 13 · EIN 39-1816008 | Contract Administrator | $5,102 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 49 · EIN 13-2808480 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,407 | $65,082-77.9% | $81,367-82.3% | $59,632-75.8% |
| Participation rate | 59.5% | 76.0%-16.4pp | 82.3%-22.8pp | 68.7%-9.1pp |
| Annual return | -0.98% | 1.16%-2.1pp | -0.92%-0.1pp | 2041.28%-2042.3pp |
| Employer contribution / active EE | $1,214 | $2,934-58.6% | $3,930-69.1% | $2,203-44.9% |
| Participant deferral / active EE | $86 | $4,083-97.9% | $5,383-98.4% | $3,192-97.3% |
| Admin fee / account holder | $163 | $7,582-97.9% | $8,926-98.2% | $4,297-96.2% |