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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $240,288 |
Service code 70 · EIN 36-4291971 | Consulting Fees | $61,750 |
PLANTE & MORAN, PLLC1 year Service code 10 · EIN 38-1357951 | Accounting | $16,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,416 | $130,052-46.6% | $86,717-20.0% | $77,906-10.9% |
| Participation rate | 65.3% | 85.9%-20.6pp | 76.6%-11.2pp | 73.7%-8.3pp |
| Annual return | -16.14% | -12.73%-3.4pp | 35.97%-52.1pp | 12.16%-28.3pp |
| Employer contribution / active EE | $957 | $3,214-70.2% | $2,837-66.3% | $2,846-66.4% |
| Participant deferral / active EE | $4,169 | $5,741-27.4% | $4,657-10.5% | $4,805-13.2% |
| Admin fee / account holder | $78 | $132-40.9% | $7,494-99.0% | $133-41.2% |