| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $524,270 |
SAGEVIEW ADVISORY GROUP, LLC4+ years Filed as: MJM 401K, LLC Service code 70 · EIN 86-0882983 | Consulting Fees | $40,000 |
Service code 70 · EIN 33-0818667 | Consulting Fees | $40,000 |
Service code 10 3443 N. CAMPBELL AVENUE · TUCSON, AZ 85719 | Accounting | $17,300 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $168,264 | $114,842+46.5% | $159,495+5.5% | $101,555+65.7% |
| Participation rate | 85.5% | 71.6%+13.9pp | 82.8%+2.7pp | 74.5%+11.0pp |
| Annual return | 14.44% | 22.90%-8.5pp | 263.72%-249.3pp | 21.00%-6.6pp |
| Employer contribution / active EE | $3,341 | $3,203+4.3% | $4,831-30.8% | $2,972+12.4% |
| Participant deferral / active EE | $8,470 | $6,336+33.7% | $7,354+15.2% | $4,874+73.8% |
| Admin fee / account holder | $60 | $80-25.6% | $10,804-99.4% | $139-57.1% |