Filed February 26, 2008 (most recent of 4 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $235,655 |
KELLY SERVICES INC3+ years Service code 50 999 W BIG BEAVER RD · TROY, MI 48084 | Direct Payment | $20,101 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $48,219 | $43,717+10.3% | $81,473-40.8% | $77,958-38.1% |
| Participation rate | 64.9% | 42.5%+22.4pp | 68.0%-3.0pp | 71.6%-6.7pp |
| Annual return | 15.05% | 23.83%-8.8pp | 38.78%-23.7pp | 20.87%-5.8pp |
| Employer contribution / active EE | $764 | $919-16.8% | $2,568-70.2% | $2,310-66.9% |
| Participant deferral / active EE | $2,513 | $1,783+40.9% | $3,537-29.0% | $3,537-28.9% |
| Admin fee / account holder | $61 | $108-43.6% | $4,561-98.7% | $97-37.5% |