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 | $19,998 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,955 | $61,756-79.0% | $70,092-81.5% | $77,904-83.4% |
| Participation rate | 78.4% | 79.9%-1.5pp | 70.5%+7.9pp | 73.7%+4.7pp |
| Annual return | -11.64% | -11.86%+0.2pp | 190.73%-202.4pp | 12.21%-23.8pp |
| Employer contribution / active EE | $1,374 | $2,706-49.2% | $2,559-46.3% | $2,848-51.8% |
| Participant deferral / active EE | $2,085 | $3,977-47.6% | $3,849-45.8% | $4,806-56.6% |
| Admin fee / account holder | $13 | $101-86.7% | $6,267-99.8% | $133-89.9% |