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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $90,553 |
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 | $213,550 | $51,283+316.4% | $95,740+123.1% | $71,511+198.6% |
| Participation rate | 77.8% | 63.1%+14.7pp | 72.3%+5.5pp | 67.9%+9.8pp |
| Annual return | 14.97% | 25.25%-10.3pp | 28.41%-13.4pp | 28.86%-13.9pp |
| Employer contribution / active EE | $7,184 | $1,817+295.3% | $2,836+153.3% | $2,589+177.5% |
| Participant deferral / active EE | $6,370 | $3,365+89.3% | $4,244+50.1% | $4,291+48.5% |
| Admin fee / account holder | $457 | $1,135-59.7% | $5,676-91.9% | $1,588-71.2% |