Filed April 13, 2022
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $918,699 |
UBS FINANCIAL SERVICES INC8+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 70 · EIN 13-2638166 | Consulting Fees | $162,298 |
KPMG LLP1 year Service code 10 · EIN 13-5565207 | Accounting | $35,000 |
BAKER DONELSON8+ years Service code 50 · EIN 62-1047356 | Direct Payment | $16,233 |
LEXIS NEXIS4 years Filed as: LEXISNEXIS RISK DATA MANAGEMENT INC Service code 50 · EIN 65-0852445 | Direct Payment | $5,107 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,674 | $83,057-58.3% | $143,801-75.9% | $89,433-61.2% |
| Participation rate | 77.7% | 74.0%+3.6pp | 80.3%-2.6pp | 71.3%+6.4pp |
| Annual return | -24.01% | -13.97%-10.0pp | -0.04%-24.0pp | -11.88%-12.1pp |
| Employer contribution / active EE | $1,059 | $2,095-49.4% | $4,952-78.6% | $3,021-64.9% |
| Participant deferral / active EE | $3,251 | $4,281-24.1% | $5,639-42.4% | $5,125-36.6% |
| Admin fee / account holder | $112 | $83+35.2% | $14,680-99.2% | $79+41.3% |