Filed August 12, 2022 (most recent of 100 filings on file)
Total covered: 3,111 employees
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 | $1,630,220 |
WARREN AVERETT, LLC1 year Service code 70 · EIN 45-4084437 | Consulting Fees | $32,500 |
Service code 70 · EIN 36-4291971 | Consulting Fees | $30,000 |
MCGUIRE WOODS1 year Service code 11 · EIN 54-0505857 | Actuarial | $11,715 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $283,999 | $140,769+101.7% | $100,534+182.5% | $140,769+101.7% |
| Participation rate | 97.5% | 74.2%+23.4pp | 80.6%+16.9pp | 74.2%+23.4pp |
| Annual return | 14.53% | 16.82%-2.3pp | 32.66%-18.1pp | 16.82%-2.3pp |
| Employer contribution / active EE | $4,940 | $3,906+26.5% | $4,346+13.7% | $3,906+26.5% |
| Participant deferral / active EE | $10,480 | $6,717+56.0% | $6,144+70.6% | $6,717+56.0% |
| Admin fee / account holder | $47 | $229-79.4% | $7,654-99.4% | $229-79.4% |