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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 15 · EIN 13-5674085 | Recordkeeping | $45,714 |
ADP BROKER-DEALER4 years Filed as: ADP RETIREMENT SERVICES Service code 15 · EIN 13-3036745 71 HANOVER ROAD · FLORHAM PARK, NJ 07932 | Recordkeeping | $7,465 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,951 | $55,458-4.5% | $76,030-30.4% | $77,762-31.9% |
| Participation rate | 66.3% | 63.6%+2.7pp | 69.1%-2.8pp | 70.6%-4.3pp |
| Annual return | 16.45% | 17.10%-0.7pp | 361.54%-345.1pp | 31.27%-14.8pp |
| Employer contribution / active EE | $2,441 | $1,792+36.2% | $2,688-9.2% | $2,728-10.5% |
| Participant deferral / active EE | $4,506 | $3,454+30.5% | $4,257+5.9% | $4,651-3.1% |
| Admin fee / account holder | $196 | $411-52.2% | $6,421-96.9% | $433-54.7% |