Filed October 29, 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 10-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 RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $28,890 |
NEWPORT GROUP, INC.10+ years Service code 15 · EIN 27-2037969 | Recordkeeping | $14,341 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $69,661 | $80,717-13.7% | $154,803-55.0% | $84,808-17.9% |
| Participation rate | 88.0% | 66.8%+21.1pp | 78.1%+9.9pp | 68.3%+19.6pp |
| Annual return | 13.04% | 37.96%-24.9pp | 58.88%-45.8pp | 40.90%-27.9pp |
| Employer contribution / active EE | $6,828 | $2,761+147.3% | $4,305+58.6% | $2,631+159.5% |
| Participant deferral / active EE | $4,136 | $3,303+25.2% | $5,540-25.3% | $4,212-1.8% |
| Admin fee / account holder | $221 | $6,746-96.7% | $14,329-98.5% | $7,344-97.0% |