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 |
|---|---|---|
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $26,611 |
Filed as: MERRILL LYNCH RETIRE & BENEFIT SVCS Service code 27 · EIN 13-5674085 | Advisory (Plan) | $17,036 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,888 | $98,727-69.7% | $113,168-73.6% | $85,563-65.1% |
| Participation rate | 53.3% | 80.8%-27.5pp | 76.6%-23.3pp | 66.0%-12.7pp |
| Annual return | 31.61% | 17.43%+14.2pp | 24.27%+7.3pp | 31.51%+0.1pp |
| Employer contribution / active EE | $1,111 | $2,907-61.8% | $2,975-62.7% | $2,654-58.1% |
| Participant deferral / active EE | $2,579 | $5,424-52.5% | $5,107-49.5% | $4,375-41.1% |
| Admin fee / account holder | $169 | $357-52.8% | $12,068-98.6% | $834-79.8% |