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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 27 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Advisory (Plan) | $5,707 |
Participant contribution per participant 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).
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 | $7,216 | $38,365-81.2% | $84,628-91.5% | $65,185-88.9% |
| Participation rate | 75.0% | 55.7%+19.3pp | 68.2%+6.8pp | 70.2%+4.8pp |
| Annual return | 22.06% | 32.00%-9.9pp | 258.80%-236.7pp | 29.38%-7.3pp |
| Employer contribution / active EE | $605 | $1,258-51.9% | $2,653-77.2% | $2,177-72.2% |
| Participant deferral / active EE | $751 | $2,278-67.0% | $3,900-80.7% | $3,514-78.6% |
| Admin fee / account holder | $18 | $451-96.0% | $4,914-99.6% | $847-97.9% |