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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $94,869 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $185,522 | $44,714+314.9% | $91,225+103.4% | $66,938+177.2% |
| Participation rate | 76.7% | 65.0%+11.7pp | 73.2%+3.5pp | 69.8%+6.9pp |
| Annual return | -14.55% | -12.25%-2.3pp | 114.12%-128.7pp | 1.58%-16.1pp |
| Employer contribution / active EE | $7,844 | $1,710+358.6% | $2,851+175.1% | $2,545+208.2% |
| Participant deferral / active EE | $5,849 | $3,355+74.3% | $4,233+38.2% | $4,238+38.0% |
| Admin fee / account holder | $467 | $521-10.3% | $5,422-91.4% | $594-21.3% |