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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $51,430 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $12,569 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $79,315 | $58,726+35.1% | $92,240-14.0% | $62,293+27.3% |
| Participation rate | 84.1% | 68.3%+15.7pp | 76.5%+7.6pp | 69.5%+14.5pp |
| Annual return | 11.47% | 43.62%-32.1pp | 176.29%-164.8pp | 28.90%-17.4pp |
| Employer contribution / active EE | $624 | $2,392-73.9% | $3,680-83.0% | $2,042-69.4% |
| Participant deferral / active EE | $4,387 | $2,766+58.6% | $3,897+12.6% | $3,169+38.4% |
| Admin fee / account holder | $387 | $556-30.5% | $5,194-92.6% | $479-19.3% |