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 LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $14,851 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,794 |
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 | $46,635 | $70,002-33.4% | $115,037-59.5% | $52,331-10.9% |
| Participation rate | 53.9% | 72.1%-18.2pp | 81.4%-27.5pp | 68.1%-14.2pp |
| Annual return | 0.01% | 4.04%-4.0pp | 26.14%-26.1pp | 4.54%-4.5pp |
| Employer contribution / active EE | $2,956 | $2,715+8.9% | $4,608-35.8% | $1,882+57.1% |
| Participant deferral / active EE | $5,501 | $4,920+11.8% | $6,026-8.7% | $3,022+82.0% |
| Admin fee / account holder | $62 | $566-89.1% | $8,175-99.2% | $592-89.5% |