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 | $3,600 |
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 | $25,152 | $81,908-69.3% | $90,749-72.3% | $64,808-61.2% |
| Participation rate | 56.1% | 80.5%-24.4pp | 75.7%-19.6pp | 71.5%-15.4pp |
| Annual return | -14.93% | -12.53%-2.4pp | -12.16%-2.8pp | 32.82%-47.7pp |
| Employer contribution / active EE | $909 | $3,065-70.3% | $2,921-68.9% | $2,506-63.7% |
| Participant deferral / active EE | $1,496 | $4,840-69.1% | $4,564-67.2% | $4,310-65.3% |
| Admin fee / account holder | $9 | $157-94.4% | $8,445-99.9% | $188-95.3% |