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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $57,064 |
Filed as: RAYMOND JAMES AND ASSOCIATES Service code 70 · EIN 59-1237041 | Consulting Fees | $40,000 |
WISS & COMPANY, LLP4+ years Service code 50 354 EISENHOWER PKWY · LIVINGSTON, NJ 07039 | Direct Payment | $14,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $123,249 | $120,075+2.6% | $90,782+35.8% | $55,725+121.2% |
| Participation rate | 74.3% | 88.0%-13.7pp | 82.7%-8.4pp | 70.9%+3.4pp |
| Annual return | -4.40% | -3.47%-0.9pp | -3.42%-1.0pp | 244.93%-249.3pp |
| Employer contribution / active EE | $5,935 | $4,693+26.5% | $4,105+44.6% | $2,078+185.6% |
| Participant deferral / active EE | $6,025 | $6,826-11.7% | $5,366+12.3% | $3,356+79.6% |
| Admin fee / account holder | $385 | $111+245.7% | $5,908-93.5% | $115+234.5% |