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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3646501 | Recordkeeping | $275 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $98,404 | $89,652+9.8% | $141,197-30.3% | $65,186+51.0% |
| Participation rate | 55.8% | 74.7%-18.9pp | 82.5%-26.7pp | 70.2%-14.4pp |
| Annual return | 20.53% | 32.79%-12.3pp | 71.41%-50.9pp | 29.39%-8.9pp |
| Employer contribution / active EE | $0 | $3,065-100.0% | $4,736-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $2,656 | $5,691-53.3% | $6,710-60.4% | $3,514-24.4% |
| Admin fee / account holder | $278 | $569-51.1% | $10,265-97.3% | $847-67.2% |