Filed August 15, 2024 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $94,020 |
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 | $123,026 | $95,918+28.3% | $151,634-18.9% | $77,906+57.9% |
| Participation rate | 98.9% | 88.7%+10.2pp | 87.5%+11.4pp | 73.7%+25.2pp |
| Annual return | -16.86% | -5.50%-11.4pp | 3.32%-20.2pp | 12.16%-29.0pp |
| Employer contribution / active EE | $4,968 | $4,330+14.7% | $6,165-19.4% | $2,846+74.5% |
| Participant deferral / active EE | $7,399 | $7,508-1.5% | $8,363-11.5% | $4,805+54.0% |
| Admin fee / account holder | $46 | $93-50.4% | $11,614-99.6% | $133-65.1% |