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 |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $8,220 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $170,928 | $95,776+78.5% | $162,185+5.4% | $77,775+119.8% |
| Participation rate | 98.5% | 88.6%+9.9pp | 87.6%+11.0pp | 73.2%+25.3pp |
| Annual return | 25.62% | 37.03%-11.4pp | 115.61%-90.0pp | 32.58%-7.0pp |
| Employer contribution / active EE | $0 | $3,874-100.0% | $5,613-100.0% | $2,504-100.0% |
| Participant deferral / active EE | $10,577 | $6,125+72.7% | $7,297+45.0% | $3,966+166.7% |
| Admin fee / account holder | $4 | $88-95.9% | $10,844-100.0% | $100-96.4% |