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 | $255,789 |
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 | $73,413 | $44,626+64.5% | $86,188-14.8% | $80,160-8.4% |
| Participation rate | 44.7% | 63.5%-18.8pp | 69.0%-24.2pp | 72.9%-28.2pp |
| Annual return | 17.13% | 19.61%-2.5pp | 1168.45%-1151.3pp | 40.38%-23.2pp |
| Employer contribution / active EE | $1,106 | $1,099+0.6% | $2,380-53.5% | $2,978-62.9% |
| Participant deferral / active EE | $3,229 | $2,769+16.6% | $3,985-19.0% | $5,017-35.6% |
| Admin fee / account holder | $203 | $133+52.4% | $6,852-97.0% | $145+40.1% |