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 | $3,144 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $39,026 | $63,321-38.4% | $68,815-43.3% | $77,906-49.9% |
| Participation rate | 68.8% | 71.1%-2.3pp | 69.0%-0.2pp | 73.7%-4.9pp |
| Annual return | -13.02% | -6.50%-6.5pp | -6.37%-6.7pp | 12.16%-25.2pp |
| Employer contribution / active EE | $0 | $2,794-100.0% | $2,656-100.0% | $2,846-100.0% |
| Participant deferral / active EE | $3,789 | $4,029-6.0% | $3,943-3.9% | $4,805-21.2% |
| Admin fee / account holder | $3 | $104-96.8% | $4,936-99.9% | $133-97.5% |