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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH - EPS Service code 26 · EIN 13-5674085 150 N. COLLEGE ST. · CHARLOTTE, NC 28255 | Advisory (Participants) | $12,018 |
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $12,018 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $4,200 |
Filed as: WILSHIRE ASSOCIATES INC. Service code 26 · EIN 95-2755361 | Advisory (Participants) | $1,231 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $106,820 | $38,365+178.4% | $84,628+26.2% | $65,185+63.9% |
| Participation rate | 96.6% | 55.7%+41.0pp | 68.2%+28.4pp | 70.2%+26.4pp |
| Annual return | 19.03% | 32.00%-13.0pp | 258.80%-239.8pp | 29.38%-10.4pp |
| Employer contribution / active EE | $1,227 | $1,258-2.5% | $2,653-53.8% | $2,177-43.6% |
| Participant deferral / active EE | $5,223 | $2,278+129.3% | $3,900+33.9% | $3,514+48.6% |
| Admin fee / account holder | $619 | $451+37.1% | $4,914-87.4% | $847-27.0% |