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, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $4,094 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,467 | $85,135-66.6% | $98,907-71.2% | $73,409-61.2% |
| Participation rate | 58.2% | 81.1%-22.9pp | 76.0%-17.8pp | 72.2%-13.9pp |
| Annual return | 17.04% | 19.14%-2.1pp | 196.43%-179.4pp | 59.29%-42.3pp |
| Employer contribution / active EE | $807 | $2,721-70.3% | $2,689-70.0% | $2,234-63.8% |
| Participant deferral / active EE | $1,429 | $4,349-67.1% | $4,244-66.3% | $3,805-62.4% |
| Admin fee / account holder | $11 | $139-91.9% | $6,642-99.8% | $158-92.9% |