Filed July 19, 2022
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 | $189,269 |
PBMARES, LLP1 year Filed as: PBMARES, LLC Service code 10 · EIN 54-0737372 | Accounting | $48,465 |
Service code 26 · EIN 95-4839031 | Advisory (Participants) | $38,823 |
NOSSAMAN LLP1 year Service code 29 · EIN 95-2219542 | Legal | $13,639 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,057 | $44,897+7.0% | $85,009-43.5% | $199,768-75.9% |
| Participation rate | 93.1% | 45.7%+47.4pp | 67.5%+25.6pp | 72.0%+21.1pp |
| Annual return | 15.53% | 20.96%-5.4pp | 66.47%-50.9pp | 34.26%-18.7pp |
| Employer contribution / active EE | $2,312 | $1,365+69.3% | $2,728-15.3% | $3,037-23.9% |
| Participant deferral / active EE | $4,923 | $2,668+84.5% | $4,522+8.9% | $5,090-3.3% |
| Admin fee / account holder | $70 | $584-88.0% | $6,153-98.9% | $269-73.9% |