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 | $246,804 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,902 | $130,141-66.3% | $86,677-49.4% | $77,904-43.6% |
| Participation rate | 99.5% | 85.9%+13.6pp | 76.6%+23.0pp | 73.7%+25.9pp |
| Annual return | -16.51% | -12.75%-3.8pp | 35.91%-52.4pp | 12.21%-28.7pp |
| Employer contribution / active EE | $3,191 | $3,220-0.9% | $2,836+12.5% | $2,848+12.0% |
| Participant deferral / active EE | $3,188 | $5,757-44.6% | $4,656-31.5% | $4,806-33.7% |
| Admin fee / account holder | $82 | $132-37.5% | $7,493-98.9% | $133-37.9% |