Filed April 13, 2022
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 | $1,056,488 |
UBS FINANCIAL SERVICES INC11+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 70 · EIN 13-2638166 | Consulting Fees | $164,108 |
LBMC, PC3 years Service code 10 · EIN 62-1199757 | Accounting | $33,750 |
BAKER DONELSON11+ years Service code 50 · EIN 62-1047356 | Direct Payment | $19,604 |
LEXIS NEXIS1 year Filed as: LEXISNEXIS RISK DATA MANAGEMENT LLC Service code 50 · EIN 65-0852445 | Direct Payment | $7,486 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,774 | $121,719-58.3% | $154,803-67.2% | $140,769-63.9% |
| Participation rate | 88.0% | 76.3%+11.8pp | 78.1%+10.0pp | 74.2%+13.9pp |
| Annual return | 17.41% | 19.22%-1.8pp | 58.88%-41.5pp | 16.82%+0.6pp |
| Employer contribution / active EE | $1,288 | $2,466-47.8% | $4,305-70.1% | $3,906-67.0% |
| Participant deferral / active EE | $4,329 | $5,384-19.6% | $5,540-21.9% | $6,717-35.5% |
| Admin fee / account holder | $58 | $71-18.2% | $14,329-99.6% | $229-74.8% |