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 | $479,472 |
KELLY SERVICES INC3+ years Service code 50 999 W BIG BEAVER RD · TROY, MI 48084 | Direct Payment | $86,132 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $23,019 | $29,988-23.2% | $81,473-71.7% | $80,976-71.6% |
| Participation rate | 3.9% | 32.0%-28.1pp | 68.0%-64.0pp | 68.3%-64.3pp |
| Annual return | 15.58% | 51.73%-36.2pp | 38.78%-23.2pp | 22.91%-7.3pp |
| Employer contribution / active EE | $83 | $470-82.4% | $2,568-96.8% | $2,402-96.5% |
| Participant deferral / active EE | $165 | $1,209-86.4% | $3,537-95.3% | $3,848-95.7% |
| Admin fee / account holder | $65 | $63+4.0% | $4,561-98.6% | $67-3.2% |