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: RAYMOND JAMES FINANCIAL CENTER Service code 16 · EIN 59-1237041 | Consulting | $130,000 |
Filed as: MERRILL LYNCH TRUST COMPANY Service code 15 · EIN 13-5674085 | Recordkeeping | $33,877 |
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 | $93,374 | $78,852+18.4% | $76,768+21.6% | $75,289+24.0% |
| Participation rate | 66.6% | 85.0%-18.3pp | 77.0%-10.3pp | 72.4%-5.8pp |
| Annual return | -3.68% | -1.29%-2.4pp | 2.43%-6.1pp | -0.04%-3.6pp |
| Employer contribution / active EE | $1,443 | $2,794-48.3% | $2,485-41.9% | $2,405-40.0% |
| Participant deferral / active EE | $4,250 | $4,800-11.5% | $3,852+10.3% | $3,739+13.7% |
| Admin fee / account holder | $88 | $79+11.8% | $6,675-98.7% | $102-13.7% |