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 4-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 | $117,763 |
AMERICAN FUNDS1 year Filed as: CAPITAL STRATEGIES INVESTMENT GROUP Service code 70 · EIN 26-4789150 | Consulting Fees | $33,333 |
ERNST & YOUNG LLP1 year Filed as: ERNST & YOUNG Service code 70 · EIN 34-6565596 | Consulting Fees | $31,000 |
BAKER TILLY US, LLP1 year Service code 50 · EIN 30-1413443 | Direct Payment | $24,008 |
THE FINWAY GROUP1 year Filed as: FINWAY GROUP Service code 70 · EIN 42-1298943 | Consulting Fees | $7,000 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,080 | $122,693-84.4% | $184,203-89.6% | $199,593-90.4% |
| Participation rate | 90.7% | 86.8%+3.9pp | 86.8%+3.9pp | 72.0%+18.8pp |
| Annual return | 16.00% | 143.91%-127.9pp | 28.81%-12.8pp | 34.25%-18.2pp |
| Employer contribution / active EE | $1,045 | $4,584-77.2% | $6,427-83.7% | $3,034-65.6% |
| Participant deferral / active EE | $3,951 | $7,990-50.6% | $9,131-56.7% | $5,087-22.3% |
| Admin fee / account holder | $82 | $121-31.6% | $13,901-99.4% | $269-69.3% |