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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 15 · EIN 13-5674085 | Recordkeeping | $34,368 |
ADP BROKER-DEALER3 years Filed as: ADP RETIREMENT SERVICES Service code 15 71 HANOVER ROAD · FLORHAM PARK, NJ 07932 | Recordkeeping | $7,271 |
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 | $41,123 | $49,693-17.2% | $70,544-41.7% | $74,460-44.8% |
| Participation rate | 63.8% | 64.7%-0.9pp | 68.4%-4.6pp | 70.7%-7.0pp |
| Annual return | 29.90% | 21.22%+8.7pp | 32.79%-2.9pp | 34.38%-4.5pp |
| Employer contribution / active EE | $2,277 | $1,773+28.4% | $2,976-23.5% | $2,638-13.7% |
| Participant deferral / active EE | $4,229 | $3,376+25.3% | $4,568-7.4% | $4,530-6.6% |
| Admin fee / account holder | $155 | $316-50.8% | $6,427-97.6% | $348-55.3% |