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 9-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 SMITH Service code 99 · EIN 13-5674085 | Other Fees | $9,285 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $5,997 |
THE AIMPOINT GROUP2 years Service code 14 · EIN 46-1931817 | Plan Administrator | $1,600 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 23 · EIN 13-2808480 | Insurance services | $0 |
Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599 | Other Services | $0 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $21,342 | $46,722-54.3% | $130,648-83.7% | $65,185-67.3% |
| Participation rate | 55.8% | 60.9%-5.1pp | 71.7%-15.9pp | 70.2%-14.4pp |
| Annual return | 22.33% | 24.17%-1.8pp | 1708.96%-1686.6pp | 29.38%-7.1pp |
| Employer contribution / active EE | $186 | $1,488-87.5% | $4,092-95.5% | $2,177-91.5% |
| Participant deferral / active EE | $1,653 | $2,545-35.0% | $3,603-54.1% | $3,514-52.9% |
| Admin fee / account holder | $154 | $453-66.0% | $5,464-97.2% | $847-81.8% |