Filed December 16, 2019
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 9-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 |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $151,776 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $148,989 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $42,020 | $32,482+29.4% | $77,024-45.4% | $78,044-46.2% |
| Participation rate | 33.1% | 37.9%-4.8pp | 67.9%-34.8pp | 74.4%-41.4pp |
| Annual return | -13.44% | -7.74%-5.7pp | 42.32%-55.8pp | 10.87%-24.3pp |
| Employer contribution / active EE | $326 | $965-66.2% | $2,812-88.4% | $3,125-89.6% |
| Participant deferral / active EE | $3,834 | $2,316+65.6% | $4,426-13.4% | $5,084-24.6% |
| Admin fee / account holder | $92 | $107-14.8% | $5,425-98.3% | $79+15.9% |