Filed February 1, 2023
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 |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $322,237 |
ROSE ROCK CPAS, PLLC9 years Service code 10 · EIN 26-0852716 | Accounting | $19,000 |
Annual investment return 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.
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 | $32,871 | $106,382-69.1% | $153,485-78.6% | $106,382-69.1% |
| Participation rate | 82.9% | 69.9%+13.1pp | 77.1%+5.9pp | 69.9%+13.1pp |
| Annual return | 11.10% | 17.37%-6.3pp | 15.65%-4.6pp | 17.37%-6.3pp |
| Employer contribution / active EE | $1,941 | $3,364-42.3% | $5,039-61.5% | $3,364-42.3% |
| Participant deferral / active EE | $2,808 | $5,569-49.6% | $6,757-58.4% | $5,569-49.6% |
| Admin fee / account holder | $30 | $79-61.9% | $12,724-99.8% | $79-61.9% |