Filed November 22, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 RETIREMENT & BENEFIT Service code 28 · EIN 13-5674085 | Investment Management | $16,882 |
ASCENSUS LLC5 years Filed as: ASCENSUS Service code 26 · EIN 11-3665754 | Advisory (Participants) | $8,442 |
MY BENEFITS, LLC5 years Filed as: MY BENEFITS LLC Service code 14 5352 PEACHTREE RD · ATLANTA, GA 30341 | Plan Administrator | $2,810 |
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.)
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 | $37,933 | $65,061-41.7% | $143,757-73.6% | $66,914-43.3% |
| Participation rate | 29.4% | 65.2%-35.8pp | 80.3%-50.9pp | 69.8%-40.4pp |
| Annual return | -8.56% | -11.14%+2.6pp | -0.04%-8.5pp | 1.58%-10.1pp |
| Employer contribution / active EE | $169 | $2,361-92.8% | $4,951-96.6% | $2,544-93.3% |
| Participant deferral / active EE | $1,089 | $2,919-62.7% | $5,637-80.7% | $4,237-74.3% |
| Admin fee / account holder | $417 | $502-16.9% | $14,673-97.2% | $593-29.7% |