Filed October 29, 2019 (most recent of 2 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 | $213,285 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $45,906 | $176,471-74.0% | $95,964-52.2% | $90,274-49.1% |
| Participation rate | 94.5% | 86.6%+7.9pp | 77.1%+17.4pp | 73.4%+21.1pp |
| Annual return | 12.35% | 20.15%-7.8pp | 91.64%-79.3pp | 53.97%-41.6pp |
| Employer contribution / active EE | $3,065 | $2,783+10.1% | $2,541+20.6% | $2,523+21.4% |
| Participant deferral / active EE | $2,625 | $5,325-50.7% | $4,167-37.0% | $4,231-38.0% |
| Admin fee / account holder | $72 | $154-53.3% | $6,797-98.9% | $114-36.9% |