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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $32,069 |
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $16,992 |
RKL LLP2 years Service code 10 PO BOX 8404 · LANCASTER, PA 176048404 | Accounting | $12,500 |
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 | $90,232 | $72,639+24.2% | $90,766-0.6% | $66,949+34.8% |
| Participation rate | 67.6% | 73.7%-6.1pp | 75.7%-8.1pp | 69.8%-2.2pp |
| Annual return | -14.77% | -12.28%-2.5pp | -12.16%-2.6pp | 1.57%-16.3pp |
| Employer contribution / active EE | $830 | $2,369-65.0% | $2,922-71.6% | $2,545-67.4% |
| Participant deferral / active EE | $3,005 | $3,979-24.5% | $4,565-34.2% | $4,239-29.1% |
| Admin fee / account holder | $535 | $708-24.3% | $8,446-93.7% | $594-9.8% |