Filed August 4, 2023 (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 Service code 27 33 WEST MONROE SUITE 2200 · CHICAGO, IL 60642 | Advisory (Plan) | $65,391 |
DOWELL GROUP LLP3 years Service code 10 · EIN 36-4027344 | Accounting | $24,700 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $105,957 | $92,971+14.0% | $96,683+9.6% | $74,419+42.4% |
| Participation rate | 76.5% | 71.5%+4.9pp | 74.3%+2.1pp | 70.7%+5.8pp |
| Annual return | 15.91% | 37.49%-21.6pp | 35.69%-19.8pp | 34.38%-18.5pp |
| Employer contribution / active EE | $1,567 | $3,426-54.3% | $3,737-58.1% | $2,637-40.6% |
| Participant deferral / active EE | $5,474 | $3,970+37.9% | $4,878+12.2% | $4,528+20.9% |
| Admin fee / account holder | $345 | $633-45.5% | $6,730-94.9% | $348-0.9% |