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 | $302,798 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,158 | $144,879-66.8% | $111,308-56.7% | $93,010-48.2% |
| Participation rate | 96.9% | 86.1%+10.7pp | 77.3%+19.6pp | 73.9%+23.0pp |
| Annual return | 14.40% | 18.11%-3.7pp | 54.67%-40.3pp | 158.70%-144.3pp |
| Employer contribution / active EE | $3,089 | $3,052+1.2% | $2,732+13.1% | $2,705+14.2% |
| Participant deferral / active EE | $3,169 | $5,576-43.2% | $4,487-29.4% | $4,561-30.5% |
| Admin fee / account holder | $89 | $104-14.2% | $7,965-98.9% | $152-41.4% |