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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 18 · EIN 13-5674085 | Direct payment from the plan; Securit... | $102,484 |
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $20,484 |
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $9,302 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $165,543 | $47,977+245.0% | $154,108+7.4% | $56,289+194.1% |
| Participation rate | 92.6% | 66.2%+26.5pp | 83.0%+9.6pp | 69.9%+22.8pp |
| Annual return | -5.37% | 3.54%-8.9pp | 735.21%-740.6pp | -9.96%+4.6pp |
| Employer contribution / active EE | $7,107 | $2,169+227.7% | $5,298+34.2% | $2,111+236.6% |
| Participant deferral / active EE | $5,901 | $2,392+146.7% | $5,081+16.1% | $3,350+76.2% |
| Admin fee / account holder | $793 | $438+81.0% | $13,411-94.1% | $521+52.3% |