See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.10+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $40,483 |
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 27 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Advisory (Plan) | $30,673 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,359 | $81,357-89.7% | $75,972-89.0% | $199,593-95.8% |
| Participation rate | 68.9% | 69.9%-1.0pp | 69.1%-0.2pp | 72.0%-3.1pp |
| Annual return | 15.01% | 16.32%-1.3pp | 359.55%-344.5pp | 34.25%-19.2pp |
| Employer contribution / active EE | $653 | $3,341-80.5% | $2,685-75.7% | $3,034-78.5% |
| Participant deferral / active EE | $1,663 | $4,710-64.7% | $4,255-60.9% | $5,087-67.3% |
| Admin fee / account holder | $74 | $144-48.9% | $6,467-98.9% | $269-72.5% |