See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $101,743 |
HEARD MCELROY & VESTAL, LLC2 years Filed as: HEARD, MCELROY & VESTAL, LLC Service code 10 PO BOX 1607 · SHREVEPORT, LA 71165 | Accounting | $7,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $123,559 | $69,362+78.1% | $101,248+22.0% | $73,488+68.1% |
| Participation rate | 64.3% | 68.4%-4.1pp | 75.8%-11.5pp | 70.7%-6.4pp |
| Annual return | 14.95% | 18.46%-3.5pp | 46.47%-31.5pp | 28.51%-13.6pp |
| Employer contribution / active EE | $3,306 | $2,628+25.8% | $3,660-9.6% | $2,270+45.7% |
| Participant deferral / active EE | $4,264 | $3,300+29.2% | $4,370-2.4% | $3,740+14.0% |
| Admin fee / account holder | $610 | $704-13.2% | $5,945-89.7% | $513+19.0% |