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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH - FAS AND EPS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $20,513 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,564 |
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 | $88,746 | $70,917+25.1% | $98,920-10.3% | $73,497+20.7% |
| Participation rate | 66.4% | 73.8%-7.4pp | 76.0%-9.6pp | 70.7%-4.3pp |
| Annual return | 14.72% | 34.18%-19.5pp | 196.47%-181.8pp | 28.51%-13.8pp |
| Employer contribution / active EE | $0 | $2,037-100.0% | $2,689-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $2,453 | $3,501-29.9% | $4,245-42.2% | $3,740-34.4% |
| Admin fee / account holder | $390 | $535-27.2% | $6,643-94.1% | $513-24.1% |