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| Provider | Service type | Compensation |
|---|---|---|
PLANTE & MORAN, PLLC5 years Service code 10 · EIN 38-1357951 | Accounting | $21,500 |
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $6,110 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,473 | $42,909+29.3% | $152,093-63.5% | $71,012-21.9% |
| Participation rate | 90.4% | 54.7%+35.7pp | 77.8%+12.6pp | 58.6%+31.8pp |
| Annual return | 9.85% | 30.57%-20.7pp | 66.36%-56.5pp | 37.67%-27.8pp |
| Employer contribution / active EE | $2,588 | $1,369+89.0% | $4,175-38.0% | $2,348+10.2% |
| Participant deferral / active EE | $2,369 | $1,904+24.4% | $5,451-56.5% | $3,246-27.0% |
| Admin fee / account holder | $44 | $1,014-95.7% | $14,497-99.7% | $1,167-96.3% |