Filed September 14, 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 |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $14,568 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,202 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $24,375 | $52,953-54.0% | $172,739-85.9% | $65,185-62.6% |
| Participation rate | 86.0% | 66.2%+19.8pp | 82.6%+3.4pp | 70.2%+15.8pp |
| Annual return | 24.45% | 30.12%-5.7pp | 802.84%-778.4pp | 29.38%-4.9pp |
| Employer contribution / active EE | $1,732 | $2,190-20.9% | $5,143-66.3% | $2,177-20.4% |
| Participant deferral / active EE | $2,440 | $2,471-1.2% | $5,198-53.1% | $3,514-30.6% |
| Admin fee / account holder | $241 | $472-49.0% | $13,954-98.3% | $847-71.6% |