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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $4,165 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $38,885 | $46,332-16.1% | $143,799-73.0% | $64,819-40.0% |
| Participation rate | 86.5% | 64.2%+22.2pp | 80.3%+6.2pp | 71.5%+15.0pp |
| Annual return | -15.33% | -10.05%-5.3pp | -0.04%-15.3pp | 32.84%-48.2pp |
| Employer contribution / active EE | $2,120 | $1,911+11.0% | $4,952-57.2% | $2,507-15.4% |
| Participant deferral / active EE | $1,966 | $2,647-25.7% | $5,638-65.1% | $4,311-54.4% |
| Admin fee / account holder | $10 | $154-93.8% | $14,677-99.9% | $188-94.9% |