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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $47,129 |
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 | $228,132 | $58,895+287.4% | $178,503+27.8% | $73,497+210.4% |
| Participation rate | 48.5% | 66.2%-17.7pp | 81.9%-33.4pp | 70.7%-22.2pp |
| Annual return | 14.01% | 24.86%-10.9pp | 151.12%-137.1pp | 28.51%-14.5pp |
| Employer contribution / active EE | $2,068 | $2,236-7.5% | $5,011-58.7% | $2,270-8.9% |
| Participant deferral / active EE | $1,872 | $2,567-27.1% | $5,202-64.0% | $3,740-50.0% |
| Admin fee / account holder | $108 | $400-73.0% | $13,987-99.2% | $513-79.0% |