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 | $265,695 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,129 | $39,973+55.4% | $79,550-21.9% | $77,904-20.2% |
| Participation rate | 46.0% | 64.6%-18.6pp | 69.5%-23.5pp | 73.7%-27.7pp |
| Annual return | -13.77% | 3.42%-17.2pp | 0.16%-13.9pp | 12.21%-26.0pp |
| Employer contribution / active EE | $1,106 | $1,088+1.7% | $2,413-54.1% | $2,848-61.1% |
| Participant deferral / active EE | $3,099 | $2,774+11.7% | $3,985-22.2% | $4,806-35.5% |
| Admin fee / account holder | $224 | $113+98.1% | $6,832-96.7% | $133+68.7% |