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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $40,642 |
Filed as: MERRILL LYNCH LIFE AGENCY INC. Service code 49 | Other Services | $20,045 |
Service code 49 · EIN 31-1299207 | Other Services | $11,781 |
Filed as: MERRILL LYNCH AGENCY INC. Service code 49 · EIN 13-2808480 | Other Services | $0 |
Filed as: WILSHIRE ASSOCIATES INC. Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $74,866 | $58,726+27.5% | $92,233-18.8% | $62,292+20.2% |
| Participation rate | 34.1% | 68.3%-34.2pp | 76.5%-42.4pp | 69.5%-35.4pp |
| Annual return | 13.05% | 43.62%-30.6pp | 176.28%-163.2pp | 28.90%-15.8pp |
| Employer contribution / active EE | $458 | $2,392-80.9% | $3,679-87.6% | $2,042-77.6% |
| Participant deferral / active EE | $1,819 | $2,766-34.2% | $3,897-53.3% | $3,169-42.6% |
| Admin fee / account holder | $567 | $556+1.9% | $5,194-89.1% | $479+18.3% |