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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $98,954 |
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 | $212,829 | $58,923+261.2% | $97,167+119.0% | $74,546+185.5% |
| Participation rate | 74.3% | 63.6%+10.7pp | 72.7%+1.6pp | 67.2%+7.1pp |
| Annual return | 13.10% | 16.04%-2.9pp | 75.27%-62.2pp | 1366.03%-1352.9pp |
| Employer contribution / active EE | $8,632 | $1,894+355.8% | $2,729+216.3% | $2,624+228.9% |
| Participant deferral / active EE | $6,442 | $3,664+75.8% | $4,264+51.1% | $4,347+48.2% |
| Admin fee / account holder | $471 | $1,974-76.1% | $5,650-91.7% | $1,944-75.8% |