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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $31,871 |
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $14,853 |
RKL LLP3 years Service code 10 PO BOX 8404 · LANCASTER, PA 176048404 | Accounting | $13,500 |
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 | $108,923 | $71,534+52.3% | $98,462+10.6% | $71,529+52.3% |
| Participation rate | 69.6% | 72.7%-3.1pp | 75.2%-5.5pp | 67.9%+1.7pp |
| Annual return | 17.36% | 32.44%-15.1pp | 21.17%-3.8pp | 28.97%-11.6pp |
| Employer contribution / active EE | $893 | $2,399-62.8% | $3,049-70.7% | $2,590-65.5% |
| Participant deferral / active EE | $2,991 | $4,109-27.2% | $4,738-36.9% | $4,291-30.3% |
| Admin fee / account holder | $538 | $1,677-67.9% | $8,875-93.9% | $1,588-66.1% |