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 CO3 years Filed as: FIRST MERCHANT PRIVATE WEALTH ADVI Service code 15 · EIN 35-0508403 | Recordkeeping | $13,009 |
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 | $32,401 | $29,369+10.3% | $77,482-58.2% | $73,409-55.9% |
| Participation rate | 38.2% | 37.9%+0.3pp | 54.2%-15.9pp | 72.2%-33.9pp |
| Annual return | 16.41% | 358.15%-341.7pp | 54.79%-38.4pp | 59.29%-42.9pp |
| Employer contribution / active EE | $313 | $406-22.8% | $986-68.3% | $2,234-86.0% |
| Participant deferral / active EE | $767 | $941-18.5% | $1,861-58.8% | $3,805-79.9% |
| Admin fee / account holder | $110 | $123-10.2% | $2,858-96.1% | $158-30.2% |