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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 | $61,674 |
Filed as: RAYMOND JAMES FINANCIAL CENTER Service code 70 · EIN 59-1237041 | Consulting Fees | $40,000 |
WISS & COMPANY, LLP5 years Filed as: WISS & COMPANY LLP Service code 70 100 CAMPUS DRIVE · FLORHAM PARK, NJ 07932 | Consulting Fees | $17,000 |
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| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $171,491 | $155,364+10.4% | $103,486+65.7% | $77,736+120.6% |
| Participation rate | 77.0% | 85.5%-8.5pp | 80.5%-3.5pp | 70.6%+6.5pp |
| Annual return | 15.14% | 19.01%-3.9pp | 23.93%-8.8pp | 31.26%-16.1pp |
| Employer contribution / active EE | $9,613 | $5,949+61.6% | $4,679+105.4% | $2,728+252.4% |
| Participant deferral / active EE | $8,952 | $8,482+5.5% | $6,628+35.1% | $4,651+92.5% |
| Admin fee / account holder | $294 | $503-41.5% | $9,354-96.9% | $433-32.1% |