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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 | $92,186-2.4% | $105,624-14.8% | $77,762+15.7% |
| Participation rate | 93.8% | 81.0%+12.8pp | 75.3%+18.5pp | 70.6%+23.2pp |
| Annual return | 10.34% | 17.83%-7.5pp | 116.20%-105.9pp | 31.27%-20.9pp |
| Employer contribution / active EE | $3,558 | $3,376+5.4% | $3,168+12.3% | $2,728+30.4% |
| Participant deferral / active EE | $5,330 | $5,395-1.2% | $5,013+6.3% | $4,651+14.6% |
| Admin fee / account holder | $69 | $219-68.6% | $10,961-99.4% | $433-84.1% |