Filed January 6, 2020
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 7-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 |
|---|---|---|
MERRIL LYNCH1 year Filed as: B OF A MERRIL LYNCH Service code 27 · EIN 94-1687665 | Advisory (Plan) | $7,500 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,286 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,141 | $74,706+83.6% | $75,696+81.2% | $79,386+72.8% |
| Participation rate | 100.0% | 75.3%+24.7pp | 74.8%+25.2pp | 70.7%+29.3pp |
| Annual return | 14.99% | 18.52%-3.5pp | 104.53%-89.5pp | 116.85%-101.9pp |
| Employer contribution / active EE | $6,266 | $2,590+141.9% | $2,743+128.4% | $2,427+158.1% |
| Participant deferral / active EE | $6,294 | $3,533+78.1% | $3,821+64.7% | $4,046+55.6% |
| Admin fee / account holder | $42 | $374-88.8% | $3,619-98.8% | $626-93.3% |