Filed July 26, 2016
Total covered: 360 employees
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 9-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 | $380,708 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $60,705 | $168,231-63.9% | $67,834-10.5% | $63,975-5.1% |
| Participation rate | 98.1% | 66.8%+31.3pp | 68.8%+29.3pp | 71.1%+27.0pp |
| Annual return | 14.03% | 11.76%+2.3pp | 138.47%-124.4pp | 48.65%-34.6pp |
| Employer contribution / active EE | $9,662 | $1,907+406.6% | $2,403+302.0% | $2,182+342.9% |
| Participant deferral / active EE | $11,597 | $2,827+310.3% | $3,160+267.0% | $3,356+245.5% |
| Admin fee / account holder | $73 | $81-9.8% | $4,622-98.4% | $70+3.1% |