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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 52 | Indirect Investment Fees | $24,570 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $24,141 | $66,302-63.6% | $110,243-78.1% | $56,289-57.1% |
| Participation rate | 75.7% | 74.9%+0.8pp | 79.8%-4.1pp | 69.9%+5.9pp |
| Annual return | -8.87% | -1.18%-7.7pp | 314.76%-323.6pp | -9.96%+1.1pp |
| Employer contribution / active EE | $856 | $2,047-58.2% | $3,827-77.6% | $2,111-59.5% |
| Participant deferral / active EE | $2,072 | $3,381-38.7% | $4,672-55.6% | $3,350-38.1% |
| Admin fee / account holder | $2 | $698-99.7% | $8,548-100.0% | $521-99.6% |