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 CO3+ years Service code 37 · EIN 35-0508403 | Loan Processing | $18,178 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $14,135 | $69,305-79.6% | $82,313-82.8% | $69,631-79.7% |
| Participation rate | 53.2% | 80.3%-27.1pp | 76.9%-23.7pp | 70.7%-17.5pp |
| Annual return | 17.31% | 21.47%-4.2pp | 25.88%-8.6pp | 27571.02%-27553.7pp |
| Employer contribution / active EE | $596 | $1,887-68.4% | $2,428-75.4% | $2,032-70.6% |
| Participant deferral / active EE | $815 | $3,568-77.2% | $3,706-78.0% | $3,224-74.7% |
| Admin fee / account holder | $129 | $97+32.7% | $5,608-97.7% | $110+16.7% |