Filed April 29, 2015 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $629,659 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $34,240 | $51,897-34.0% | $84,750-59.6% | $329,111-89.6% |
| Participation rate | 28.2% | 73.2%-45.0pp | 76.6%-48.4pp | 67.9%-39.7pp |
| Annual return | 7.57% | 11.82%-4.3pp | 22.78%-15.2pp | 16.35%-8.8pp |
| Employer contribution / active EE | $773 | $3,022-74.4% | $3,574-78.4% | $2,303-66.4% |
| Participant deferral / active EE | $1,304 | $2,346-44.4% | $3,712-64.9% | $3,682-64.6% |
| Admin fee / account holder | $93 | $97-4.0% | $5,332-98.3% | $754-87.6% |