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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $57,986 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $264,543 | $55,453+377.1% | $170,435+55.2% | $62,293+324.7% |
| Participation rate | 47.4% | 66.4%-19.0pp | 83.6%-36.2pp | 69.5%-22.1pp |
| Annual return | 15.05% | 21.38%-6.3pp | 205.94%-190.9pp | 28.90%-13.8pp |
| Employer contribution / active EE | $3,070 | $2,164+41.9% | $5,432-43.5% | $2,042+50.3% |
| Participant deferral / active EE | $2,950 | $2,303+28.1% | $4,939-40.3% | $3,169-6.9% |
| Admin fee / account holder | $167 | $455-63.2% | $13,881-98.8% | $479-65.1% |