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 CO6 years Filed as: FIRST MERCHANT PRIVATE WEALTH ADVI Service code 15 · EIN 35-0508403 | Recordkeeping | $11,684 |
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 | $32,214 | $26,114+23.4% | $58,482-44.9% | $74,419-56.7% |
| Participation rate | 35.7% | 32.1%+3.6pp | 50.9%-15.2pp | 70.7%-35.0pp |
| Annual return | 19.14% | 32.51%-13.4pp | 4239.32%-4220.2pp | 34.38%-15.2pp |
| Employer contribution / active EE | $276 | $536-48.4% | $1,053-73.7% | $2,637-89.5% |
| Participant deferral / active EE | $702 | $1,075-34.6% | $1,924-63.5% | $4,528-84.5% |
| Admin fee / account holder | $78 | $649-87.9% | $2,516-96.9% | $348-77.5% |