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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 18 · EIN 13-5674085 | Securities brokerage commissions and ... | $189,192 |
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $41,225 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $23,592 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $198,499 | $61,166+224.5% | $185,849+6.8% | $79,391+150.0% |
| Participation rate | 100.0% | 66.6%+33.4pp | 81.7%+18.3pp | 70.7%+29.3pp |
| Annual return | 11.52% | 19.45%-7.9pp | 122.10%-110.6pp | 116.88%-105.4pp |
| Employer contribution / active EE | $9,440 | $2,321+306.7% | $5,169+82.6% | $2,428+288.8% |
| Participant deferral / active EE | $7,546 | $2,789+170.6% | $5,569+35.5% | $4,046+86.5% |
| Admin fee / account holder | $316 | $710-55.4% | $16,244-98.1% | $627-49.5% |