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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $58,424 |
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 | $158,507 | $65,125+143.4% | $143,797+10.2% | $66,949+136.8% |
| Participation rate | 52.5% | 65.2%-12.7pp | 80.3%-27.9pp | 69.8%-17.4pp |
| Annual return | -14.53% | -11.13%-3.4pp | -0.04%-14.5pp | 1.57%-16.1pp |
| Employer contribution / active EE | $1,387 | $2,362-41.3% | $4,952-72.0% | $2,545-45.5% |
| Participant deferral / active EE | $2,442 | $2,920-16.4% | $5,638-56.7% | $4,239-42.4% |
| Admin fee / account holder | $139 | $503-72.3% | $14,679-99.1% | $594-76.5% |