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 CO7 years Filed as: FIRST MERCHANT PRIVATE WEALTH ADVI Service code 15 · EIN 35-0508403 | Recordkeeping | $7,117 |
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 | $36,816 | $29,548+24.6% | $56,411-34.7% | $77,643-52.6% |
| Participation rate | 31.8% | 32.7%-0.9pp | 52.5%-20.7pp | 70.6%-38.8pp |
| Annual return | 16.15% | 19.01%-2.9pp | 1701.33%-1685.2pp | 31.24%-15.1pp |
| Employer contribution / active EE | $228 | $568-59.9% | $1,039-78.1% | $2,726-91.6% |
| Participant deferral / active EE | $657 | $1,061-38.0% | $1,952-66.3% | $4,647-85.9% |
| Admin fee / account holder | $20 | $1,046-98.1% | $2,829-99.3% | $430-95.4% |