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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RETIREWELL ADMINISTRATORS LLC Service code 15 · EIN 81-3429076 1002 LINCOLN DR W, STE H · MARLTON, NJ 08053 | Recordkeeping | $1,743 |
Service code 15 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111 | Recordkeeping | $615 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 26 · EIN 13-2808480 1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534 | Advisory (Participants) | $0 |
Filed as: MESIROW FINANCIAL MANAGEMENT INC Service code 49 · EIN 36-3429599 | Other Services | $0 |
THE BENEFIT PRACTICE1 year Filed as: THE BENEFIT PRACTICE INC Service code 15 · EIN 13-4144565 1055 WASHINGTON BLVD, STE 540 · STAMFORD, CT 069012213 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $38,836 | $64,909-40.2% | $82,312-52.8% | $62,293-37.7% |
| Participation rate | 69.1% | 74.9%-5.7pp | 76.9%-7.7pp | 69.5%-0.4pp |
| Annual return | 12.09% | 21.18%-9.1pp | 25.88%-13.8pp | 28.90%-16.8pp |
| Employer contribution / active EE | $612 | $1,676-63.5% | $2,428-74.8% | $2,042-70.0% |
| Participant deferral / active EE | $2,996 | $3,103-3.4% | $3,706-19.2% | $3,169-5.5% |
| Admin fee / account holder | $14 | $440-96.8% | $5,608-99.8% | $479-97.1% |