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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 | Other Services | $100,075 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 12 · EIN 42-0127290 | Direct payment from the plan; Partici... | $266 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 49 · EIN 12-2808480 | Other Services | $0 |
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 | $32,853 | $55,182-40.5% | $73,309-55.2% | $55,191-40.5% |
| Participation rate | 100.0% | 73.9%+26.1pp | 74.9%+25.1pp | 69.2%+30.8pp |
| Annual return | 0.66% | 8.55%-7.9pp | 5.67%-5.0pp | 10.78%-10.1pp |
| Employer contribution / active EE | $1,128 | $1,935-41.7% | $3,237-65.2% | $1,899-40.6% |
| Participant deferral / active EE | $2,952 | $4,641-36.4% | $4,991-40.9% | $3,046-3.1% |
| Admin fee / account holder | $17 | $68-74.5% | $5,635-99.7% | $91-80.7% |