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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $36,335 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $14,926 |
RKL LLP4 years Service code 10 PO BOX 8404 · LANCASTER, PA 176048404 | Accounting | $14,842 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,541 | $78,607+40.6% | $105,624+4.7% | $74,478+48.4% |
| Participation rate | 60.0% | 72.8%-12.8pp | 75.3%-15.3pp | 67.2%-7.2pp |
| Annual return | 13.28% | 15.96%-2.7pp | 116.20%-102.9pp | 1370.56%-1357.3pp |
| Employer contribution / active EE | $811 | $2,523-67.8% | $3,168-74.4% | $2,626-69.1% |
| Participant deferral / active EE | $2,587 | $4,325-40.2% | $5,013-48.4% | $4,350-40.5% |
| Admin fee / account holder | $601 | $2,220-72.9% | $10,961-94.5% | $1,946-69.1% |