Filed December 11, 2020
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 FAS & EPS (RIA) Service code 28 · EIN 13-5674085 | Investment Management | $97,545 |
Filed as: R .J. L. PENSION SERVICES, INC. Service code 15 · EIN 59-3033722 | Recordkeeping | $26,619 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,466 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,089 | $104,317-27.1% | $159,436-52.3% | $86,799-12.3% |
| Participation rate | 79.4% | 77.7%+1.7pp | 82.8%-3.4pp | 72.3%+7.1pp |
| Annual return | 15.50% | 26.32%-10.8pp | 263.57%-248.1pp | 97.91%-82.4pp |
| Employer contribution / active EE | $1,952 | $3,451-43.4% | $4,829-59.6% | $2,405-18.8% |
| Participant deferral / active EE | $5,766 | $6,837-15.7% | $7,352-21.6% | $4,131+39.6% |
| Admin fee / account holder | $374 | $172+117.3% | $10,799-96.5% | $170+120.7% |