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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 |
|---|---|---|
Service code 15 · EIN 04-1590850 | Recordkeeping | $11,417 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 26 · EIN 13-2808480 1400 MERRILL LYNCH DRIVE, BOA ME · PENNINGTON, NJ 08534 | Advisory (Participants) | $8,748 |
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.)
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 | $61,520 | $43,133+42.6% | $89,391-31.2% | $73,488-16.3% |
| Participation rate | 16.3% | 55.0%-38.6pp | 68.0%-51.6pp | 70.7%-54.3pp |
| Annual return | 24.91% | 135.66%-110.7pp | 245.62%-220.7pp | 28.51%-3.6pp |
| Employer contribution / active EE | $425 | $1,438-70.4% | $2,586-83.5% | $2,270-81.3% |
| Participant deferral / active EE | $1,004 | $2,445-58.9% | $3,890-74.2% | $3,740-73.1% |
| Admin fee / account holder | $395 | $444-11.0% | $4,881-91.9% | $513-23.0% |