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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $96,738 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $312,685 | $52,961+490.4% | $172,755+81.0% | $65,185+379.7% |
| Participation rate | 95.5% | 66.2%+29.3pp | 82.6%+12.8pp | 70.2%+25.3pp |
| Annual return | 17.74% | 30.12%-12.4pp | 802.94%-785.2pp | 29.38%-11.6pp |
| Employer contribution / active EE | $10,855 | $2,190+395.6% | $5,144+111.0% | $2,177+398.7% |
| Participant deferral / active EE | $16,875 | $2,471+582.9% | $5,198+224.7% | $3,514+380.2% |
| Admin fee / account holder | $464 | $472-1.7% | $13,955-96.7% | $847-45.2% |