See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
FIRST MERCHANTS TRUST CO2 years Filed as: FIRST MERCHANT PRIVATE WEALTH ADVI Service code 15 · EIN 35-0508403 | Recordkeeping | $6,323 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,808 | $31,679-5.9% | $74,701-60.1% | $65,185-54.3% |
| Participation rate | 36.3% | 40.4%-4.1pp | 54.5%-18.2pp | 70.2%-33.9pp |
| Annual return | 22.79% | 39.04%-16.2pp | 752.92%-730.1pp | 29.38%-6.6pp |
| Employer contribution / active EE | $331 | $566-41.5% | $1,084-69.4% | $2,177-84.8% |
| Participant deferral / active EE | $822 | $1,191-30.9% | $1,964-58.1% | $3,514-76.6% |
| Admin fee / account holder | $60 | $379-84.3% | $3,333-98.2% | $847-93.0% |