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 |
|---|---|---|
MERRIL LYNCH3 years Filed as: MERRIL LYNCH, PIERCE, FENNER & SMIT Service code 27 150 N COLLEGE ST · CHARLOTTE, NC 28255 | Advisory (Plan) | $10,630 |
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $9,805 |
THE RETIREMENT ADVANTAGE INC3 years Service code 15 600 S NICOLET RD · APPLETON, WI 54914 | Recordkeeping | $1,375 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,543 | $70,669-85.1% | $169,368-93.8% | $75,163-86.0% |
| Participation rate | 32.9% | 64.8%-31.9pp | 77.1%-44.2pp | 67.2%-34.3pp |
| Annual return | 17.51% | 36.36%-18.9pp | 405.60%-388.1pp | 160.62%-143.1pp |
| Employer contribution / active EE | $271 | $2,211-87.7% | $4,013-93.3% | $2,670-89.9% |
| Participant deferral / active EE | $2,335 | $4,311-45.8% | $6,221-62.5% | $4,125-43.4% |
| Admin fee / account holder | $95 | $5,402-98.2% | $9,003-98.9% | $5,651-98.3% |