Filed September 22, 2021
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 01-0233346 690 CANTON ST · WESTWOOD, MA 02090 | Recordkeeping | $20,117 |
THE SIEKMANN COMPANY1 year Service code 15 · EIN 31-0995736 9000 MEMORIAL DRIVE · PLAIN CITY, OH 43064 | Recordkeeping | $18,083 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $25 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,197 | $71,142-56.1% | $119,609-73.9% | $64,808-51.9% |
| Participation rate | 94.2% | 78.6%+15.6pp | 79.3%+15.0pp | 71.5%+22.8pp |
| Annual return | -5.88% | -10.01%+4.1pp | -14.97%+9.1pp | 32.82%-38.7pp |
| Employer contribution / active EE | $1,337 | $2,497-46.5% | $4,232-68.4% | $2,506-46.7% |
| Participant deferral / active EE | $2,291 | $4,490-49.0% | $5,602-59.1% | $4,310-46.8% |
| Admin fee / account holder | $76 | $162-52.9% | $10,323-99.3% | $188-59.4% |