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 26 · EIN 13-5674085 | Advisory (Participants) | $94,191 |
Filed as: R .J. L. PENSION SERVICES, INC. Service code 15 · EIN 59-3033722 | Recordkeeping | $7,200 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,518 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,787 | $82,202-26.1% | $125,339-51.5% | $64,808-6.2% |
| Participation rate | 79.4% | 77.9%+1.5pp | 82.4%-3.0pp | 71.5%+7.9pp |
| Annual return | -12.14% | 3.48%-15.6pp | 572.05%-584.2pp | 32.82%-45.0pp |
| Employer contribution / active EE | $2,124 | $3,615-41.2% | $4,814-55.9% | $2,506-15.2% |
| Participant deferral / active EE | $6,573 | $7,175-8.4% | $7,446-11.7% | $4,310+52.5% |
| Admin fee / account holder | $267 | $163+63.4% | $10,010-97.3% | $188+42.1% |