Filed October 23, 2006
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 | $31,984 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $51,600 | $38,833+32.9% | $78,778-34.5% | $77,958-33.8% |
| Participation rate | 41.1% | 60.9%-19.8pp | 69.2%-28.1pp | 71.6%-30.5pp |
| Annual return | 21.26% | 20.31%+1.0pp | 35.62%-14.4pp | 20.87%+0.4pp |
| Employer contribution / active EE | $733 | $840-12.7% | $1,986-63.1% | $2,310-68.3% |
| Participant deferral / active EE | $2,071 | $1,776+16.6% | $2,958-30.0% | $3,537-41.4% |
| Admin fee / account holder | $33 | $89-62.8% | $5,134-99.4% | $97-66.0% |