Filed February 26, 2015 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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 | $5,276 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $370,239 | $122,585+202.0% | $184,256+100.9% | $200,096+85.0% |
| Participation rate | 58.6% | 86.9%-28.3pp | 86.8%-28.2pp | 72.0%-13.4pp |
| Annual return | 14.63% | 144.12%-129.5pp | 28.85%-14.2pp | 34.26%-19.6pp |
| Employer contribution / active EE | $15,663 | $4,571+242.7% | $6,427+143.7% | $3,038+415.6% |
| Participant deferral / active EE | $0 | $7,972-100.0% | $9,133-100.0% | $5,090-100.0% |
| Admin fee / account holder | $2 | $120-98.3% | $13,899-100.0% | $269-99.2% |