Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
FIRST MERCHANTS TRUST CO8 years Filed as: FIRST MERCHANTS PRIVATE WEALTH ADV Service code 15 · EIN 35-0508403 | Recordkeeping | $9,675 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,247 | $79,184-29.0% | $102,438-45.1% | $74,546-24.5% |
| Participation rate | 64.6% | 74.8%-10.2pp | 76.5%-11.9pp | 67.2%-2.6pp |
| Annual return | 14.41% | 54.95%-40.5pp | 29.37%-15.0pp | 1366.03%-1351.6pp |
| Employer contribution / active EE | $737 | $2,362-68.8% | $3,024-75.6% | $2,624-71.9% |
| Participant deferral / active EE | $2,272 | $4,414-48.5% | $5,054-55.0% | $4,347-47.7% |
| Admin fee / account holder | $67 | $2,001-96.7% | $9,448-99.3% | $1,944-96.6% |