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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $55,013 |
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 | $187,729 | $62,132+202.1% | $185,827+1.0% | $73,493+155.4% |
| Participation rate | 96.7% | 67.8%+28.9pp | 78.0%+18.7pp | 70.7%+26.0pp |
| Annual return | 14.53% | 20.44%-5.9pp | 35.96%-21.4pp | 28.51%-14.0pp |
| Employer contribution / active EE | $6,388 | $1,681+280.0% | $4,087+56.3% | $2,270+181.4% |
| Participant deferral / active EE | $12,172 | $3,711+228.0% | $5,633+116.1% | $3,740+225.5% |
| Admin fee / account holder | $301 | $419-28.1% | $9,502-96.8% | $513-41.3% |