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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 | $92,076-2.3% | $105,608-14.8% | $77,714+15.7% |
| Participation rate | 93.8% | 81.0%+12.8pp | 75.3%+18.5pp | 70.6%+23.2pp |
| Annual return | 10.34% | 17.84%-7.5pp | 116.50%-106.2pp | 31.26%-20.9pp |
| Employer contribution / active EE | $3,558 | $3,370+5.6% | $3,167+12.4% | $2,727+30.5% |
| Participant deferral / active EE | $5,330 | $5,390-1.1% | $5,010+6.4% | $4,649+14.6% |
| Admin fee / account holder | $69 | $219-68.6% | $11,028-99.4% | $433-84.1% |