Filed January 13, 2014
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $2,300 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $37,098 | $48,277-23.2% | $63,517-41.6% | $55,191-32.8% |
| Participation rate | 45.2% | 69.4%-24.2pp | 71.0%-25.8pp | 69.2%-23.9pp |
| Annual return | -0.65% | 2.37%-3.0pp | -70.30%+69.6pp | 10.78%-11.4pp |
| Employer contribution / active EE | $322 | $1,592-79.8% | $2,322-86.1% | $1,899-83.0% |
| Participant deferral / active EE | $1,277 | $2,432-47.5% | $2,953-56.8% | $3,046-58.1% |
| Admin fee / account holder | $13 | $86-84.9% | $5,892-99.8% | $91-85.7% |