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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $67,998 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $170,572 | $55,470+207.5% | $155,556+9.7% | $74,478+129.0% |
| Participation rate | 48.4% | 61.9%-13.5pp | 78.2%-29.8pp | 67.2%-18.8pp |
| Annual return | 12.65% | 269.80%-257.2pp | 64.84%-52.2pp | 1370.56%-1357.9pp |
| Employer contribution / active EE | $1,352 | $2,267-40.3% | $4,675-71.1% | $2,626-48.5% |
| Participant deferral / active EE | $2,721 | $2,838-4.1% | $5,631-51.7% | $4,350-37.4% |
| Admin fee / account holder | $118 | $1,744-93.3% | $15,885-99.3% | $1,946-94.0% |