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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 | $139,983 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,282 | $89,465-32.6% | $165,071-63.5% | $77,736-22.5% |
| Participation rate | 84.4% | 78.6%+5.8pp | 78.6%+5.8pp | 70.6%+13.8pp |
| Annual return | 11.25% | 28.86%-17.6pp | 70.17%-58.9pp | 31.26%-20.0pp |
| Employer contribution / active EE | $1,101 | $2,565-57.1% | $4,347-74.7% | $2,728-59.6% |
| Participant deferral / active EE | $3,524 | $4,904-28.1% | $6,035-41.6% | $4,651-24.2% |
| Admin fee / account holder | $176 | $340-48.2% | $12,695-98.6% | $433-59.4% |