See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for 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 CO2+ years Filed as: FIRST MERCHANTS TRUST COMPANY Service code 15 · EIN 35-0508403 | Recordkeeping | $5,298 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $39,126 | $63,905-38.8% | $74,183-47.3% | $57,658-32.1% |
| Participation rate | 46.5% | 79.8%-33.2pp | 76.6%-30.1pp | 70.2%-23.7pp |
| Annual return | 13.13% | 60.60%-47.5pp | 17.74%-4.6pp | 5.13%+8.0pp |
| Employer contribution / active EE | $0 | $1,840-100.0% | $2,370-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $887 | $3,448-74.3% | $3,550-75.0% | $3,061-71.0% |
| Admin fee / account holder | $36 | $91-60.4% | $5,586-99.4% | $95-61.9% |