Filed September 16, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH CONSULTING SERVICES Service code 70 · EIN 94-1687665 | Consulting Fees | $56,250 |
PLANTE & MORAN, PLLC5+ years Filed as: PLANTE MORAN Service code 10 · EIN 38-1357951 | Accounting | $17,800 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $4,800 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,185 | $105,173-24.7% | $87,102-9.1% | $77,775+1.8% |
| Participation rate | 70.8% | 85.8%-15.0pp | 76.9%-6.0pp | 73.2%-2.4pp |
| Annual return | 24.13% | 24.52%-0.4pp | 28.19%-4.1pp | 32.58%-8.4pp |
| Employer contribution / active EE | $867 | $2,890-70.0% | $2,521-65.6% | $2,504-65.4% |
| Participant deferral / active EE | $6,244 | $5,048+23.7% | $4,048+54.2% | $3,966+57.4% |
| Admin fee / account holder | $54 | $105-48.5% | $7,493-99.3% | $100-46.2% |