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 | $29,976 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $26,301 |
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 | $131,002 | $60,124+117.9% | $90,404+44.9% | $79,858+64.0% |
| Participation rate | 94.7% | 65.0%+29.7pp | 72.7%+22.0pp | 69.6%+25.0pp |
| Annual return | 14.48% | 71.94%-57.5pp | 1293.02%-1278.5pp | 31.71%-17.2pp |
| Employer contribution / active EE | $3,673 | $2,068+77.7% | $3,262+12.6% | $2,471+48.7% |
| Participant deferral / active EE | $9,144 | $2,938+211.2% | $3,963+130.7% | $3,740+144.5% |
| Admin fee / account holder | $458 | $3,976-88.5% | $5,611-91.8% | $5,306-91.4% |