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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $14,209 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $162,633 | $72,639+123.9% | $90,766+79.2% | $66,949+142.9% |
| Participation rate | 96.3% | 73.7%+22.6pp | 75.7%+20.6pp | 69.8%+26.4pp |
| Annual return | -14.58% | -12.28%-2.3pp | -12.16%-2.4pp | 1.57%-16.2pp |
| Employer contribution / active EE | $10,169 | $2,369+329.2% | $2,922+248.1% | $2,545+299.5% |
| Participant deferral / active EE | $12,967 | $3,979+225.9% | $4,565+184.1% | $4,239+205.9% |
| Admin fee / account holder | $481 | $708-32.0% | $8,446-94.3% | $594-18.9% |