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 | $225,940 |
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.
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 | $53,031 | $40,113+32.2% | $84,015-36.9% | $77,787-31.8% |
| Participation rate | 43.3% | 62.8%-19.5pp | 69.0%-25.8pp | 73.2%-30.0pp |
| Annual return | 19.64% | 23.27%-3.6pp | 71.31%-51.7pp | 32.57%-12.9pp |
| Employer contribution / active EE | $794 | $847-6.3% | $1,983-60.0% | $2,504-68.3% |
| Participant deferral / active EE | $2,233 | $2,030+10.0% | $3,239-31.1% | $3,967-43.7% |
| Admin fee / account holder | $123 | $92+34.0% | $6,101-98.0% | $100+22.7% |