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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 50 1033 SKOKIE BLVD. · NORTHBROOK, IL 60062 | Direct Payment | $70,895 |
HOWARD SIMON & ASSOCIATES, INC.6+ years Service code 15 304 SAUNDERS ROAD · RIVERWOODS, IL 60015 | Recordkeeping | $53,251 |
Filed as: CHARLES SCHWAB TRUST BANK Service code 50 · EIN 82-3967259 | Direct Payment | $9,787 |
CHARLES SCHWAB & CO., INC.3 years Service code 51 · EIN 94-1737782 | Investment Mgmt Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $418,312 | $99,957+318.5% | $149,730+179.4% | $73,493+469.2% |
| Participation rate | 96.1% | 75.7%+20.4pp | 82.5%+13.6pp | 70.7%+25.4pp |
| Annual return | 17.66% | 53.87%-36.2pp | 276.70%-259.0pp | 28.51%-10.9pp |
| Employer contribution / active EE | $1,650 | $3,191-48.3% | $4,645-64.5% | $2,270-27.3% |
| Participant deferral / active EE | $16,445 | $6,073+170.8% | $6,843+140.3% | $3,740+339.7% |
| Admin fee / account holder | $779 | $551+41.4% | $9,310-91.6% | $513+51.8% |