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 | $9,444 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,971 | $86,791-81.6% | $115,037-86.1% | $59,188-73.0% |
| Participation rate | 36.1% | 72.8%-36.7pp | 81.4%-45.3pp | 69.4%-33.3pp |
| Annual return | 6.18% | 4.44%+1.7pp | 26.14%-20.0pp | 5.51%+0.7pp |
| Employer contribution / active EE | $612 | $2,950-79.3% | $4,608-86.7% | $2,098-70.8% |
| Participant deferral / active EE | $902 | $5,298-83.0% | $6,026-85.0% | $3,265-72.4% |
| Admin fee / account holder | $21 | $95-78.0% | $8,175-99.7% | $92-77.3% |