Filed September 20, 2013
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $3,938 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $48,746 | $46,219+5.5% | $89,391-45.5% | $90,288-46.0% |
| Participation rate | 16.2% | 44.9%-28.7pp | 68.0%-51.7pp | 73.4%-57.1pp |
| Annual return | 17.69% | 25.71%-8.0pp | 245.62%-227.9pp | 53.97%-36.3pp |
| Employer contribution / active EE | $303 | $953-68.2% | $2,586-88.3% | $2,524-88.0% |
| Participant deferral / active EE | $648 | $2,136-69.7% | $3,890-83.3% | $4,232-84.7% |
| Admin fee / account holder | $8 | $147-94.5% | $4,881-99.8% | $114-92.9% |