Filed November 9, 2023
Total covered: 18 employees
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 TRUST COMPANY Service code 15 · EIN 13-5674085 | Recordkeeping | $56,734 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $79,466 | $71,957+10.4% | $67,652+17.5% | $59,188+34.3% |
| Participation rate | 67.6% | 82.7%-15.1pp | 75.7%-8.1pp | 69.4%-1.8pp |
| Annual return | 1.45% | 8.53%-7.1pp | 6625.04%-6623.6pp | 5.51%-4.1pp |
| Employer contribution / active EE | $1,365 | $2,432-43.9% | $2,266-39.7% | $2,098-34.9% |
| Participant deferral / active EE | $3,888 | $4,211-7.7% | $3,560+9.2% | $3,265+19.1% |
| Admin fee / account holder | $69 | $64+7.8% | $4,821-98.6% | $92-25.0% |