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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH - EPS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $3,853 |
Filed as: BENEFIT PLANS PLUS, LLC Service code 15 11701 BORMAN DRIVE · ST. LOUIS, MO 63146 | Recordkeeping | $3,243 |
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $2,569 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,353 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,239 | $91,474-75.7% | $135,982-83.6% | $71,529-68.9% |
| Participation rate | 72.9% | 75.7%-2.8pp | 81.9%-9.1pp | 67.9%+4.9pp |
| Annual return | 28.65% | 29.89%-1.2pp | 68.32%-39.7pp | 28.97%-0.3pp |
| Employer contribution / active EE | $2,340 | $3,705-36.9% | $4,859-51.8% | $2,590-9.7% |
| Participant deferral / active EE | $4,154 | $7,095-41.5% | $7,760-46.5% | $4,291-3.2% |
| Admin fee / account holder | $103 | $1,267-91.9% | $10,767-99.0% | $1,588-93.5% |