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 | $246,804 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $43,902 | $130,052-66.2% | $86,698-49.4% | $77,906-43.6% |
| Participation rate | 99.5% | 85.9%+13.6pp | 76.6%+22.9pp | 73.7%+25.8pp |
| Annual return | -16.51% | -12.73%-3.8pp | 35.96%-52.5pp | 12.16%-28.7pp |
| Employer contribution / active EE | $3,191 | $3,214-0.7% | $2,837+12.5% | $2,846+12.1% |
| Participant deferral / active EE | $3,188 | $5,741-44.5% | $4,656-31.5% | $4,805-33.6% |
| Admin fee / account holder | $82 | $132-37.6% | $7,492-98.9% | $133-37.9% |