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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $44,610 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,798 | $92,090+8.4% | $106,201-6.0% | $77,671+28.5% |
| Participation rate | 94.8% | 81.0%+13.7pp | 75.3%+19.5pp | 70.6%+24.2pp |
| Annual return | 15.57% | 17.89%-2.3pp | 116.26%-100.7pp | 31.21%-15.6pp |
| Employer contribution / active EE | $2,587 | $3,368-23.2% | $3,170-18.4% | $2,726-5.1% |
| Participant deferral / active EE | $4,319 | $5,386-19.8% | $5,012-13.8% | $4,648-7.1% |
| Admin fee / account holder | $44 | $219-79.9% | $11,039-99.6% | $430-89.8% |