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 CO5 years Filed as: FIRST MERCHANT PRIVATE WEALTH ADVI Service code 15 · EIN 35-0508403 | Recordkeeping | $9,387 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,730 | $30,086-7.8% | $61,373-54.8% | $64,808-57.2% |
| Participation rate | 38.5% | 36.4%+2.2pp | 52.6%-14.0pp | 71.5%-32.9pp |
| Annual return | -17.58% | -13.99%-3.6pp | 338.61%-356.2pp | 32.82%-50.4pp |
| Employer contribution / active EE | $337 | $536-37.2% | $1,159-71.0% | $2,506-86.6% |
| Participant deferral / active EE | $859 | $1,126-23.7% | $2,125-59.6% | $4,310-80.1% |
| Admin fee / account holder | $63 | $148-57.3% | $2,130-97.0% | $188-66.3% |