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 |
|---|---|---|
Service code 15 · EIN 35-1140070 | Recordkeeping | $6,029 |
Filed as: MERRILL LYNCH, PIERCE, FENNER SMITH Service code 27 150 N COLLEGE STREET · CHARLOTTE, NC 28255 | Advisory (Plan) | $5,189 |
Service code 13 95 CONNECTICUT DRIVE · BURLINGTON, NJ 08016 | Contract Administrator | $340 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $28,109 | $89,652-68.6% | $141,162-80.1% | $65,185-56.9% |
| Participation rate | 8.6% | 74.7%-66.1pp | 82.5%-73.9pp | 70.2%-61.6pp |
| Annual return | 19.68% | 32.79%-13.1pp | 71.39%-51.7pp | 29.38%-9.7pp |
| Employer contribution / active EE | $0 | $3,065-100.0% | $4,735-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $1,503 | $5,691-73.6% | $6,709-77.6% | $3,514-57.2% |
| Admin fee / account holder | $340 | $569-40.2% | $10,261-96.7% | $847-59.9% |