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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $81,890 |
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 | $189,705 | $47,977+295.4% | $154,108+23.1% | $56,289+237.0% |
| Participation rate | 45.8% | 66.2%-20.3pp | 83.0%-37.2pp | 69.9%-24.0pp |
| Annual return | -5.23% | 3.54%-8.8pp | 735.21%-740.4pp | -9.96%+4.7pp |
| Employer contribution / active EE | $2,500 | $2,169+15.3% | $5,298-52.8% | $2,111+18.4% |
| Participant deferral / active EE | $2,249 | $2,392-6.0% | $5,081-55.7% | $3,350-32.9% |
| Admin fee / account holder | $104 | $438-76.3% | $13,411-99.2% | $521-80.0% |