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 | $5,125 |
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 | $26,588 | $84,784-68.6% | $98,439-73.0% | $74,419-64.3% |
| Participation rate | 61.4% | 81.5%-20.1pp | 75.2%-13.7pp | 70.7%-9.3pp |
| Annual return | 18.17% | 20.59%-2.4pp | 21.16%-3.0pp | 34.38%-16.2pp |
| Employer contribution / active EE | $1,026 | $3,364-69.5% | $3,048-66.3% | $2,637-61.1% |
| Participant deferral / active EE | $1,733 | $5,218-66.8% | $4,738-63.4% | $4,528-61.7% |
| Admin fee / account holder | $11 | $204-94.9% | $8,948-99.9% | $348-97.0% |