| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $178,679 |
AAFCPAS, INC.2 years Filed as: AAFCPAS Service code 10 50 WASHINGTON STREET · WESTBOROUGH, MA 01581 | Accounting | $7,250 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $541,846 | $61,185+785.6% | $185,854+191.5% | $79,395+582.5% |
| Participation rate | 90.9% | 66.6%+24.3pp | 81.7%+9.2pp | 70.7%+20.2pp |
| Annual return | 13.76% | 19.45%-5.7pp | 122.12%-108.4pp | 116.90%-103.1pp |
| Employer contribution / active EE | $5,009 | $2,321+115.8% | $5,169-3.1% | $2,428+106.3% |
| Participant deferral / active EE | $17,742 | $2,789+536.2% | $5,569+218.6% | $4,046+338.5% |
| Admin fee / account holder | $305 | $709-57.0% | $16,246-98.1% | $626-51.3% |