Filed June 30, 2022 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 70 · EIN 94-1687665 | Consulting Fees | $26,186 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $15,915 |
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 | $76,458 | $71,957+6.3% | $67,652+13.0% | $59,188+29.2% |
| Participation rate | 87.2% | 82.7%+4.5pp | 75.7%+11.5pp | 69.4%+17.8pp |
| Annual return | 1.27% | 8.53%-7.3pp | 6625.40%-6624.1pp | 5.51%-4.2pp |
| Employer contribution / active EE | $2,074 | $2,432-14.7% | $2,266-8.4% | $2,098-1.1% |
| Participant deferral / active EE | $3,270 | $4,211-22.3% | $3,560-8.1% | $3,265+0.2% |
| Admin fee / account holder | $17 | $64-72.9% | $4,821-99.6% | $92-81.2% |