Filed January 29, 2021 (most recent of 4 filings on file)
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 13 · EIN 42-0127290 | Contract Administrator | $27,824 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $22,294 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $109,783 | $54,762+100.5% | $90,281+21.6% | $72,985+50.4% |
| Participation rate | 93.4% | 65.1%+28.3pp | 73.3%+20.1pp | 69.5%+23.9pp |
| Annual return | 20.59% | 30.63%-10.0pp | 78.10%-57.5pp | 81.00%-60.4pp |
| Employer contribution / active EE | $3,633 | $2,092+73.6% | $2,854+27.3% | $2,440+48.9% |
| Participant deferral / active EE | $8,849 | $2,887+206.5% | $3,885+127.8% | $3,607+145.3% |
| Admin fee / account holder | $414 | $3,972-89.6% | $5,351-92.3% | $5,124-91.9% |