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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $45,145 |
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 | $207,443 | $52,967+291.6% | $172,753+20.1% | $65,186+218.2% |
| Participation rate | 45.2% | 66.2%-21.0pp | 82.6%-37.5pp | 70.2%-25.0pp |
| Annual return | 20.03% | 30.12%-10.1pp | 803.00%-783.0pp | 29.39%-9.4pp |
| Employer contribution / active EE | $2,016 | $2,190-7.9% | $5,144-60.8% | $2,177-7.4% |
| Participant deferral / active EE | $1,829 | $2,471-26.0% | $5,198-64.8% | $3,514-47.9% |
| Admin fee / account holder | $85 | $472-82.0% | $13,956-99.4% | $847-89.9% |