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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH - EPS Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLOTTE, NC 28202 | Advisory (Participants) | $1,670 |
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLETTE, NC 28202 | Advisory (Participants) | $1,670 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $272 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,514 | $95,406-91.1% | $185,849-95.4% | $85,847-90.1% |
| Participation rate | 77.7% | 68.8%+8.9pp | 81.7%-4.0pp | 69.3%+8.3pp |
| Annual return | 43.92% | 23.59%+20.3pp | 122.10%-78.2pp | 318.61%-274.7pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,169-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,904 | $3,424-15.2% | $5,569-47.9% | $3,952-26.5% |
| Admin fee / account holder | $107 | $7,214-98.5% | $16,244-99.3% | $6,261-98.3% |