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| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON4 years Filed as: BANK OF AMERICA NA Service code 16 · EIN 13-5674085 | Consulting | $231,831 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $80,027 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,972 | $106,230-20.0% | $147,080-42.2% | $77,736+9.3% |
| Participation rate | 87.1% | 78.4%+8.7pp | 82.2%+4.9pp | 70.6%+16.5pp |
| Annual return | 13.01% | 56.91%-43.9pp | 420.17%-407.2pp | 31.26%-18.2pp |
| Employer contribution / active EE | $4,375 | $4,072+7.4% | $4,933-11.3% | $2,728+60.4% |
| Participant deferral / active EE | $6,633 | $8,001-17.1% | $8,066-17.8% | $4,651+42.6% |
| Admin fee / account holder | $468 | $338+38.2% | $12,989-96.4% | $433+7.9% |