| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $172,953 |
AAFCPAS, INC.3 years Filed as: AAFCPAS Service code 10 50 WASHINGTON STREET · WESTBOROUGH, MA 01581 | Accounting | $17,582 |
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 | $473,261 | $65,135+626.6% | $143,801+229.1% | $66,954+606.8% |
| Participation rate | 89.3% | 65.2%+24.1pp | 80.3%+9.0pp | 69.8%+19.5pp |
| Annual return | -16.64% | -11.13%-5.5pp | -0.04%-16.6pp | 1.57%-18.2pp |
| Employer contribution / active EE | $47,080 | $2,363+1892.5% | $4,952+850.6% | $2,545+1750.0% |
| Participant deferral / active EE | $17,735 | $2,921+507.2% | $5,639+214.5% | $4,239+318.3% |
| Admin fee / account holder | $360 | $503-28.4% | $14,680-97.5% | $594-39.4% |