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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $43,703 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,946 | $92,090-2.3% | $106,201-15.3% | $77,671+15.8% |
| Participation rate | 93.8% | 81.0%+12.8pp | 75.3%+18.5pp | 70.6%+23.2pp |
| Annual return | 10.34% | 17.89%-7.5pp | 116.26%-105.9pp | 31.21%-20.9pp |
| Employer contribution / active EE | $3,558 | $3,368+5.6% | $3,170+12.3% | $2,726+30.5% |
| Participant deferral / active EE | $5,330 | $5,386-1.1% | $5,012+6.3% | $4,648+14.7% |
| Admin fee / account holder | $69 | $219-68.6% | $11,039-99.4% | $430-84.0% |