Filed January 9, 2025
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 | $15,542 |
BKD, LLP1 year Filed as: BKD LLP CPAS & ADVISORS Service code 70 · EIN 44-0160260 | Consulting Fees | $14,560 |
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 | $13,740 | $72,066-80.9% | $81,930-83.2% | $90,288-84.8% |
| Participation rate | 74.5% | 78.9%-4.4pp | 72.0%+2.5pp | 73.4%+1.1pp |
| Annual return | 15.99% | 15.92%+0.1pp | 29.49%-13.5pp | 53.97%-38.0pp |
| Employer contribution / active EE | $986 | $2,335-57.8% | $4,310-77.1% | $2,524-60.9% |
| Participant deferral / active EE | $1,746 | $3,557-50.9% | $7,107-75.4% | $4,232-58.7% |
| Admin fee / account holder | $23 | $92-74.7% | $5,158-99.5% | $114-79.5% |