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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 | Other Services | $8,057 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $240 |
Filed as: MERRILL LYNCH LIFE AGENCY INC. Service code 49 · EIN 13-2808480 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $41,563 | $50,637-17.9% | $86,582-52.0% | $62,293-33.3% |
| Participation rate | 35.0% | 67.9%-32.9pp | 73.5%-38.6pp | 69.5%-34.6pp |
| Annual return | 14.67% | 20.80%-6.1pp | 965.08%-950.4pp | 28.90%-14.2pp |
| Employer contribution / active EE | $352 | $2,075-83.0% | $2,839-87.6% | $2,042-82.7% |
| Participant deferral / active EE | $1,070 | $2,611-59.0% | $3,609-70.4% | $3,169-66.2% |
| Admin fee / account holder | $9 | $413-97.7% | $4,904-99.8% | $479-98.0% |