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 |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $2,440 |
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 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 | $23,340 | $86,791-73.1% | $115,037-79.7% | $59,188-60.6% |
| Participation rate | 48.5% | 72.8%-24.4pp | 81.4%-32.9pp | 69.4%-21.0pp |
| Annual return | 3.28% | 4.44%-1.2pp | 26.14%-22.9pp | 5.51%-2.2pp |
| Employer contribution / active EE | $0 | $2,950-100.0% | $4,608-100.0% | $2,098-100.0% |
| Participant deferral / active EE | $3,426 | $5,298-35.3% | $6,026-43.2% | $3,265+4.9% |
| Admin fee / account holder | $4 | $95-95.6% | $8,175-99.9% | $92-95.4% |