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) | $113,426 |
Filed as: R .J. L. PENSION SERVICES, INC. Service code 15 · EIN 59-3033722 | Recordkeeping | $35,360 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,636 |
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 | $78,339 | $95,274-17.8% | $135,903-42.4% | $74,419+5.3% |
| Participation rate | 77.3% | 78.2%-0.9pp | 81.9%-4.6pp | 70.7%+6.5pp |
| Annual return | 26.64% | 32.77%-6.1pp | 68.23%-41.6pp | 34.38%-7.7pp |
| Employer contribution / active EE | $2,005 | $3,874-48.2% | $4,856-58.7% | $2,637-24.0% |
| Participant deferral / active EE | $7,440 | $7,782-4.4% | $7,758-4.1% | $4,528+64.3% |
| Admin fee / account holder | $356 | $266+33.7% | $10,762-96.7% | $348+2.2% |