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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 15 · EIN 13-5674085 | Recordkeeping | $27,387 |
ADP BROKER-DEALER2 years Filed as: ADP RETIREMENT SERVICES Service code 15 71 HANOVER ROAD · FLORHAM PARK, NJ 07932 | Recordkeeping | $4,322 |
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 | $30,086 | $44,764-32.8% | $68,803-56.3% | $64,824-53.6% |
| Participation rate | 60.6% | 64.8%-4.1pp | 69.0%-8.4pp | 71.5%-10.8pp |
| Annual return | -17.55% | -10.91%-6.6pp | -6.37%-11.2pp | 32.84%-50.4pp |
| Employer contribution / active EE | $2,302 | $1,775+29.6% | $2,656-13.3% | $2,507-8.2% |
| Participant deferral / active EE | $4,261 | $3,238+31.6% | $3,942+8.1% | $4,311-1.2% |
| Admin fee / account holder | $122 | $151-19.4% | $4,936-97.5% | $188-35.1% |