Filed October 18, 2004
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 RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $8,420 |
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $750 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $63,483 | $54,045+17.5% | $115,157-44.9% | $65,185-2.6% |
| Participation rate | 33.3% | 63.5%-30.2pp | 75.9%-42.6pp | 70.2%-36.9pp |
| Annual return | 19.68% | 26.55%-6.9pp | 35.60%-15.9pp | 29.38%-9.7pp |
| Employer contribution / active EE | $2,216 | $1,653+34.1% | $3,179-30.3% | $2,177+1.8% |
| Participant deferral / active EE | $972 | $2,504-61.2% | $4,168-76.7% | $3,514-72.3% |
| Admin fee / account holder | $173 | $626-72.3% | $7,088-97.6% | $847-79.6% |