Filed February 26, 2015 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $7,985 |
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 | $187,800 | $95,918+95.8% | $151,634+23.9% | $77,906+141.1% |
| Participation rate | 97.8% | 88.7%+9.0pp | 87.5%+10.3pp | 73.7%+24.1pp |
| Annual return | -15.78% | -5.50%-10.3pp | 3.32%-19.1pp | 12.16%-27.9pp |
| Employer contribution / active EE | $0 | $4,330-100.0% | $6,165-100.0% | $2,846-100.0% |
| Participant deferral / active EE | $12,331 | $7,508+64.2% | $8,363+47.5% | $4,805+156.6% |
| Admin fee / account holder | $3 | $93-96.8% | $11,614-100.0% | $133-97.8% |