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 6-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 |
|---|---|---|
FIRST MERCHANTS TRUST CO4 years Filed as: FIRST MERCHANTS BANK Service code 99 · EIN 35-0508403 | Other Fees | $3,827 |
Filed as: RETIREMENT PLAN CONCEPTS & SVCS Service code 49 · EIN 35-2091834 | Other Services | $687 |
Filed as: VOYA RETIREMENT ADVISORS LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $165 |
Filed as: CETERA INVESTMENT ADVISERS LLC Service code 99 · EIN 36-3258176 | Other Fees | $0 |
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MGMT Service code 27 · EIN 36-3297908 | Advisory (Plan) | $0 |
Service code 99 · EIN 82-0759826 | Other Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,098 | $87,870-82.8% | $113,168-86.7% | $74,304-79.7% |
| Participation rate | 53.5% | 70.7%-17.3pp | 76.6%-23.1pp | 60.3%-6.9pp |
| Annual return | 13.47% | 26.44%-13.0pp | 24.27%-10.8pp | 29.43%-16.0pp |
| Employer contribution / active EE | $0 | $2,277-100.0% | $2,975-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $866 | $4,241-79.6% | $5,107-83.0% | $3,767-77.0% |
| Admin fee / account holder | $409 | $3,368-87.9% | $12,068-96.6% | $2,969-86.2% |