| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $212,821 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant exceed $250,000 - top-decile high-value plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $642,749 | $183,539+250.2% | $155,556+313.2% | $145,897+340.5% |
| Participation rate | 0.0% | 82.7%-82.7pp | 78.2%-78.2pp | 80.3%-80.3pp |
| Annual return | 11.94% | 61.31%-49.4pp | 64.84%-52.9pp | 552.29%-540.3pp |
| Employer contribution / active EE | $161,548 | $5,315+2939.3% | $4,675+3355.2% | $4,663+3364.8% |
| Participant deferral / active EE | $131,423 | $6,467+1932.2% | $5,631+2234.0% | $6,689+1864.7% |
| Admin fee / account holder | $260 | $19,275-98.7% | $15,885-98.4% | $13,390-98.1% |