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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $129,162 |
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 | $221,822 | $112,582+97.0% | $105,608+110.0% | $199,921+11.0% |
| Participation rate | 98.4% | 86.3%+12.2pp | 75.3%+23.1pp | 72.0%+26.4pp |
| Annual return | 15.77% | 15.58%+0.2pp | 116.50%-100.7pp | 34.28%-18.5pp |
| Employer contribution / active EE | $5,538 | $4,580+20.9% | $3,167+74.9% | $3,035+82.4% |
| Participant deferral / active EE | $12,609 | $6,655+89.5% | $5,010+151.7% | $5,089+147.8% |
| Admin fee / account holder | $31 | $107-70.6% | $11,028-99.7% | $269-88.3% |