Filed April 19, 2016 (most recent of 2 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 |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $12,334 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $37,940 | $25,165+50.8% | $73,545-48.4% | $77,958-51.3% |
| Participation rate | 12.7% | 36.6%-23.9pp | 54.9%-42.2pp | 71.6%-58.9pp |
| Annual return | 12.56% | 18.12%-5.6pp | -15.16%+27.7pp | 20.87%-8.3pp |
| Employer contribution / active EE | $111 | $395-71.8% | $1,219-90.9% | $2,310-95.2% |
| Participant deferral / active EE | $351 | $898-60.9% | $1,806-80.5% | $3,537-90.1% |
| Admin fee / account holder | $23 | $76-69.5% | $2,320-99.0% | $97-76.2% |