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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS PLUS, LLC Service code 15 11701 BORMAN DRIVE · ST. LOUIS, MO 63146 | Recordkeeping | $5,950 |
Filed as: MERRILL LYNCH - EPS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $5,333 |
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $3,556 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $3,383 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,639 | $101,591-65.9% | $147,096-76.5% | $74,429-53.5% |
| Participation rate | 65.1% | 75.5%-10.4pp | 82.2%-17.1pp | 67.2%-2.1pp |
| Annual return | 11.80% | 8746.45%-8734.7pp | 419.75%-407.9pp | 1368.38%-1356.6pp |
| Employer contribution / active EE | $2,910 | $3,813-23.7% | $4,936-41.1% | $2,625+10.8% |
| Participant deferral / active EE | $5,415 | $7,302-25.8% | $8,071-32.9% | $4,348+24.5% |
| Admin fee / account holder | $216 | $1,750-87.6% | $13,005-98.3% | $1,944-88.9% |