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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH CONSULTING SERVICES Service code 70 · EIN 94-1687665 | Consulting Fees | $40,000 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $3,780 |
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 | $136,877 | $52,639+160.0% | $185,117-26.1% | $62,293+119.7% |
| Participation rate | 95.6% | 63.9%+31.8pp | 77.3%+18.4pp | 69.5%+26.1pp |
| Annual return | 17.19% | 19.57%-2.4pp | 40.50%-23.3pp | 28.90%-11.7pp |
| Employer contribution / active EE | $3,237 | $1,483+118.3% | $4,182-22.6% | $2,042+58.5% |
| Participant deferral / active EE | $9,937 | $3,097+220.8% | $5,045+97.0% | $3,169+213.6% |
| Admin fee / account holder | $301 | $374-19.5% | $8,159-96.3% | $479-37.2% |