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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $18,348 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $61,387 | $62,324-1.5% | $68,509-10.4% | $55,191+11.2% |
| Participation rate | 81.2% | 78.9%+2.3pp | 74.7%+6.5pp | 69.2%+12.0pp |
| Annual return | 0.92% | 4.26%-3.3pp | 8.27%-7.3pp | 10.78%-9.9pp |
| Employer contribution / active EE | $2,611 | $2,223+17.5% | $2,278+14.6% | $1,899+37.5% |
| Participant deferral / active EE | $7,665 | $3,425+123.8% | $3,382+126.6% | $3,046+151.6% |
| Admin fee / account holder | $14 | $91-84.8% | $5,275-99.7% | $91-84.7% |