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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $180,067 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $24,346 | $72,303-66.3% | $86,698-71.9% | $64,824-62.4% |
| Participation rate | 78.3% | 80.4%-2.1pp | 76.6%+1.7pp | 71.5%+6.9pp |
| Annual return | -15.39% | 392.77%-408.2pp | 35.96%-51.3pp | 32.84%-48.2pp |
| Employer contribution / active EE | $927 | $2,393-61.2% | $2,837-67.3% | $2,507-63.0% |
| Participant deferral / active EE | $2,263 | $4,660-51.4% | $4,656-51.4% | $4,311-47.5% |
| Admin fee / account holder | $206 | $174+18.2% | $7,492-97.3% | $188+9.5% |