Filed June 30, 2022 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $229,793 |
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 | $150,181 | $144,879+3.7% | $111,319+34.9% | $93,010+61.5% |
| Participation rate | 87.3% | 86.1%+1.2pp | 77.3%+10.0pp | 73.9%+13.4pp |
| Annual return | 16.39% | 18.11%-1.7pp | 54.68%-38.3pp | 158.70%-142.3pp |
| Employer contribution / active EE | $3,358 | $3,052+10.0% | $2,732+22.9% | $2,705+24.1% |
| Participant deferral / active EE | $4,929 | $5,576-11.6% | $4,488+9.8% | $4,561+8.1% |
| Admin fee / account holder | $80 | $104-22.6% | $7,966-99.0% | $152-47.2% |