Filed August 15, 2024 (most recent of 3 filings on file)
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 |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $55,955 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $153,884 | $122,693+25.4% | $184,203-16.5% | $199,593-22.9% |
| Participation rate | 97.5% | 86.8%+10.7pp | 86.8%+10.7pp | 72.0%+25.5pp |
| Annual return | 13.77% | 143.91%-130.1pp | 28.81%-15.0pp | 34.25%-20.5pp |
| Employer contribution / active EE | $5,624 | $4,584+22.7% | $6,427-12.5% | $3,034+85.3% |
| Participant deferral / active EE | $8,493 | $7,990+6.3% | $9,131-7.0% | $5,087+67.0% |
| Admin fee / account holder | $65 | $121-46.1% | $13,901-99.5% | $269-75.8% |