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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $969 |
Filed as: MERRILL LYNCH, PIERCE,FENNER AND SM Service code 33 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Securities brokerage | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $194,173 | $80,753+140.5% | $136,298+42.5% | $62,293+211.7% |
| Participation rate | 96.8% | 73.5%+23.3pp | 81.9%+14.9pp | 69.5%+27.3pp |
| Annual return | 18.94% | 35.83%-16.9pp | 5156.27%-5137.3pp | 28.90%-10.0pp |
| Employer contribution / active EE | $5,274 | $2,884+82.9% | $4,696+12.3% | $2,042+158.3% |
| Participant deferral / active EE | $7,254 | $5,164+40.5% | $6,247+16.1% | $3,169+128.9% |
| Admin fee / account holder | $308 | $525-41.4% | $9,244-96.7% | $479-35.8% |