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 | $2,375 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $30,413 | $50,106-39.3% | $70,014-56.6% | $57,658-47.3% |
| Participation rate | 55.0% | 70.9%-15.8pp | 71.8%-16.8pp | 70.2%-15.2pp |
| Annual return | 6.26% | 14.58%-8.3pp | 12.99%-6.7pp | 5.13%+1.1pp |
| Employer contribution / active EE | $827 | $1,739-52.4% | $2,338-64.6% | $1,974-58.1% |
| Participant deferral / active EE | $1,574 | $2,486-36.7% | $2,931-46.3% | $3,061-48.6% |
| Admin fee / account holder | $11 | $89-87.7% | $4,380-99.7% | $95-88.4% |