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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $68,530 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $114,605 | $101,672+12.7% | $147,117-22.1% | $74,478+53.9% |
| Participation rate | 82.5% | 75.5%+6.9pp | 82.2%+0.3pp | 67.2%+15.2pp |
| Annual return | 13.97% | 8757.83%-8743.9pp | 420.54%-406.6pp | 1370.56%-1356.6pp |
| Employer contribution / active EE | $0 | $3,813-100.0% | $4,932-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $10,878 | $7,305+48.9% | $8,065+34.9% | $4,350+150.1% |
| Admin fee / account holder | $350 | $1,753-80.1% | $12,993-97.3% | $1,946-82.0% |