Filed June 29, 2020
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 | $317,715 |
BDO USA, LLP6 years Filed as: BDO Service code 10 · EIN 13-5381590 | Accounting | $67,699 |
ANDERSON FINANCIAL PARTNERS5 years Service code 50 · EIN 56-2325169 | Direct Payment | $30,000 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,617 | $50,127-30.9% | $149,673-76.9% | $80,160-56.8% |
| Participation rate | 91.5% | 64.3%+27.2pp | 78.8%+12.8pp | 72.9%+18.6pp |
| Annual return | 13.22% | 29.82%-16.6pp | 134.42%-121.2pp | 40.38%-27.2pp |
| Employer contribution / active EE | $1,273 | $1,865-31.7% | $4,818-73.6% | $2,978-57.2% |
| Participant deferral / active EE | $3,724 | $3,194+16.6% | $5,680-34.4% | $5,017-25.8% |
| Admin fee / account holder | $172 | $153+12.9% | $13,210-98.7% | $145+19.0% |