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: BANK OF AMERICA MERILL LYNCH Service code 27 · EIN 94-1687665 | Advisory (Plan) | $15,000 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,121 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,659 | $60,989+78.2% | $60,874+78.5% | $66,914+62.4% |
| Participation rate | 98.0% | 74.5%+23.5pp | 73.1%+24.8pp | 69.8%+28.2pp |
| Annual return | -10.17% | -9.60%-0.6pp | 16.90%-27.1pp | 1.58%-11.8pp |
| Employer contribution / active EE | $6,759 | $2,661+154.0% | $2,701+150.2% | $2,544+165.7% |
| Participant deferral / active EE | $6,209 | $3,615+71.8% | $3,817+62.7% | $4,237+46.5% |
| Admin fee / account holder | $19 | $338-94.5% | $3,224-99.4% | $593-96.8% |