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 | $302,798 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $48,158 | $144,996-66.8% | $111,297-56.7% | $93,030-48.2% |
| Participation rate | 96.9% | 86.2%+10.7pp | 77.3%+19.6pp | 73.9%+23.0pp |
| Annual return | 14.40% | 18.26%-3.9pp | 54.65%-40.2pp | 158.70%-144.3pp |
| Employer contribution / active EE | $3,089 | $3,056+1.1% | $2,731+13.1% | $2,706+14.2% |
| Participant deferral / active EE | $3,169 | $5,587-43.3% | $4,487-29.4% | $4,562-30.5% |
| Admin fee / account holder | $89 | $103-14.1% | $7,964-98.9% | $152-41.4% |