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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $41,865 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $224,652 | $46,732+380.7% | $156,551+43.5% | $55,167+307.2% |
| Participation rate | 48.7% | 65.8%-17.1pp | 84.0%-35.3pp | 69.0%-20.3pp |
| Annual return | 7.69% | 17.72%-10.0pp | 32.23%-24.5pp | 169.23%-161.5pp |
| Employer contribution / active EE | $2,991 | $2,105+42.1% | $5,501-45.6% | $1,963+52.4% |
| Participant deferral / active EE | $2,889 | $2,204+31.1% | $4,871-40.7% | $3,054-5.4% |
| Admin fee / account holder | $199 | $418-52.3% | $13,028-98.5% | $504-60.4% |