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 PIERCE FENNER SMITH Service code 21 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Bank Trustee | $150 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $183,921 | $73,981+148.6% | $105,722+74.0% | $62,891+192.4% |
| Participation rate | 77.4% | 71.7%+5.7pp | 78.9%-1.5pp | 69.3%+8.1pp |
| Annual return | -2.71% | 17.60%-20.3pp | 12.25%-15.0pp | 20.14%-22.9pp |
| Employer contribution / active EE | $0 | $2,856-100.0% | $4,079-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $5,379 | $4,038+33.2% | $5,326+1.0% | $3,203+67.9% |
| Admin fee / account holder | $57,231 | $5,976+857.6% | $8,308+588.8% | $4,296+1232.3% |