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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NC 10281 | Recordkeeping | $708 |
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 | $183,515 | $75,962+141.6% | $154,108+19.1% | $64,173+186.0% |
| Participation rate | 92.8% | 70.4%+22.4pp | 83.0%+9.7pp | 69.6%+23.2pp |
| Annual return | -6.81% | 30.32%-37.1pp | 735.21%-742.0pp | 7.63%-14.4pp |
| Employer contribution / active EE | $11,279 | $3,350+236.7% | $5,298+112.9% | $2,381+373.7% |
| Participant deferral / active EE | $12,923 | $3,175+307.1% | $5,081+154.4% | $3,470+272.5% |
| Admin fee / account holder | $698 | $5,589-87.5% | $13,411-94.8% | $4,887-85.7% |