Filed November 13, 2017 (most recent of 2 filings on file)
Total covered: 95 employees
| Provider | Service type | Compensation |
|---|---|---|
MMA SECURITIES LLC4+ years Filed as: MMC SECURITIES Service code 70 · EIN 06-1685865 | Consulting Fees | $30,000 |
VERRILL DANA LLP4+ years Service code 10 · EIN 01-0176171 | Accounting | $11,451 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $2,450 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,482 | $71,106+3.3% | $83,327-11.8% | $75,289-2.4% |
| Participation rate | 63.9% | 82.0%-18.1pp | 77.8%-13.9pp | 72.4%-8.6pp |
| Annual return | -4.94% | -0.56%-4.4pp | 10.64%-15.6pp | -0.04%-4.9pp |
| Employer contribution / active EE | $2,818 | $2,436+15.7% | $3,379-16.6% | $2,405+17.2% |
| Participant deferral / active EE | $4,733 | $6,249-24.3% | $5,565-15.0% | $3,739+26.6% |
| Admin fee / account holder | $19 | $72-73.6% | $7,540-99.7% | $102-81.3% |