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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) | $2,711 |
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLETTE, NC 28202 | Advisory (Participants) | $2,711 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $693 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,719 | $61,356-84.2% | $149,696-93.5% | $71,511-86.4% |
| Participation rate | 71.1% | 62.5%+8.5pp | 78.8%-7.7pp | 67.9%+3.1pp |
| Annual return | 21.82% | 35.86%-14.0pp | 134.46%-112.6pp | 28.86%-7.0pp |
| Employer contribution / active EE | $381 | $2,382-84.0% | $4,821-92.1% | $2,589-85.3% |
| Participant deferral / active EE | $2,439 | $2,920-16.5% | $5,682-57.1% | $4,291-43.2% |
| Admin fee / account holder | $125 | $1,263-90.1% | $13,212-99.1% | $1,588-92.2% |