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 | $87,302 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $62,910 | $43,717+43.9% | $81,478-22.8% | $77,958-19.3% |
| Participation rate | 93.4% | 42.5%+50.9pp | 68.0%+25.5pp | 71.6%+21.8pp |
| Annual return | 16.03% | 23.83%-7.8pp | 38.78%-22.7pp | 20.87%-4.8pp |
| Employer contribution / active EE | $1,554 | $919+69.2% | $2,568-39.5% | $2,310-32.7% |
| Participant deferral / active EE | $3,325 | $1,783+86.5% | $3,537-6.0% | $3,537-6.0% |
| Admin fee / account holder | $89 | $108-17.2% | $4,561-98.0% | $97-8.3% |