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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $30,064 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $28,201 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $92,670 | $63,114+46.8% | $92,903-0.3% | $65,185+42.2% |
| Participation rate | 89.7% | 68.8%+20.9pp | 76.0%+13.7pp | 70.2%+19.5pp |
| Annual return | 17.42% | 28.75%-11.3pp | 109.43%-92.0pp | 29.38%-12.0pp |
| Employer contribution / active EE | $3,226 | $2,571+25.5% | $3,653-11.7% | $2,177+48.2% |
| Participant deferral / active EE | $5,625 | $3,108+81.0% | $4,238+32.7% | $3,514+60.1% |
| Admin fee / account holder | $419 | $624-32.8% | $5,795-92.8% | $847-50.5% |