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 | $238,590 |
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 | $60,433 | $43,466+39.0% | $90,951-33.6% | $90,288-33.1% |
| Participation rate | 46.0% | 62.5%-16.4pp | 69.0%-23.0pp | 73.4%-27.3pp |
| Annual return | 13.95% | 25.26%-11.3pp | 134.60%-120.6pp | 53.97%-40.0pp |
| Employer contribution / active EE | $834 | $840-0.8% | $2,122-60.7% | $2,524-67.0% |
| Participant deferral / active EE | $2,375 | $2,138+11.1% | $3,373-29.6% | $4,232-43.9% |
| Admin fee / account holder | $206 | $92+123.7% | $5,959-96.6% | $114+80.2% |