Filed April 13, 2022
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $1,046,951 |
UBS FINANCIAL SERVICES INC9+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 70 · EIN 13-2638166 | Consulting Fees | $167,167 |
LBMC, PC1 year Service code 10 · EIN 62-1199757 | Accounting | $31,000 |
BAKER DONELSON9+ years Service code 50 · EIN 62-1047356 | Direct Payment | $10,805 |
LEXIS NEXIS5 years Filed as: LEXISNEXIS RISK DATA MANAGEMENT INC Service code 50 · EIN 65-0852445 | Direct Payment | $5,959 |
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 | $40,644 | $68,330-40.5% | $149,740-72.9% | $96,393-57.8% |
| Participation rate | 84.4% | 74.6%+9.8pp | 78.8%+5.6pp | 71.3%+13.1pp |
| Annual return | 16.48% | 29.64%-13.2pp | 134.51%-118.0pp | 22.88%-6.4pp |
| Employer contribution / active EE | $1,191 | $2,139-44.3% | $4,821-75.3% | $3,239-63.2% |
| Participant deferral / active EE | $3,679 | $4,422-16.8% | $5,683-35.3% | $5,455-32.5% |
| Admin fee / account holder | $172 | $52+231.3% | $13,222-98.7% | $74+133.1% |