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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $57,919 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $166,861 | $61,295+172.2% | $149,682+11.5% | $71,476+133.5% |
| Participation rate | 51.5% | 62.5%-11.0pp | 78.8%-27.3pp | 67.9%-16.4pp |
| Annual return | 14.68% | 35.86%-21.2pp | 134.35%-119.7pp | 28.85%-14.2pp |
| Employer contribution / active EE | $1,359 | $2,380-42.9% | $4,818-71.8% | $2,589-47.5% |
| Participant deferral / active EE | $2,521 | $2,918-13.6% | $5,681-55.6% | $4,290-41.2% |
| Admin fee / account holder | $104 | $1,262-91.8% | $13,210-99.2% | $1,587-93.5% |