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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $51,567 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $388 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $84,510 | $78,485+7.7% | $106,213-20.4% | $74,495+13.4% |
| Participation rate | 61.4% | 72.8%-11.4pp | 75.3%-13.9pp | 67.2%-5.8pp |
| Annual return | 12.73% | 15.95%-3.2pp | 116.14%-103.4pp | 1364.94%-1352.2pp |
| Employer contribution / active EE | $2,062 | $2,523-18.3% | $3,171-35.0% | $2,623-21.4% |
| Participant deferral / active EE | $4,145 | $4,322-4.1% | $5,016-17.4% | $4,346-4.6% |
| Admin fee / account holder | $446 | $2,232-80.0% | $11,033-96.0% | $1,942-77.0% |