Filed October 29, 2019 (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 | $213,285 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $45,906 | $176,491-74.0% | $95,952-52.2% | $90,288-49.2% |
| Participation rate | 94.5% | 86.6%+7.9pp | 77.1%+17.4pp | 73.4%+21.1pp |
| Annual return | 12.35% | 20.14%-7.8pp | 91.61%-79.3pp | 53.97%-41.6pp |
| Employer contribution / active EE | $3,065 | $2,789+9.9% | $2,541+20.6% | $2,524+21.4% |
| Participant deferral / active EE | $2,625 | $5,340-50.8% | $4,167-37.0% | $4,232-38.0% |
| Admin fee / account holder | $72 | $154-53.3% | $6,795-98.9% | $114-36.9% |