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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 50 · EIN 13-5674085 | Direct Payment | $4,677 |
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $1,665 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $45,671 | $53,412-14.5% | $68,509-33.3% | $52,331-12.7% |
| Participation rate | 45.9% | 71.7%-25.8pp | 74.7%-28.9pp | 68.1%-22.2pp |
| Annual return | -3.50% | 3.42%-6.9pp | 8.27%-11.8pp | 4.54%-8.0pp |
| Employer contribution / active EE | $0 | $1,607-100.0% | $2,278-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $1,316 | $2,688-51.0% | $3,382-61.1% | $3,022-56.4% |
| Admin fee / account holder | $101 | $461-78.2% | $5,275-98.1% | $592-83.0% |