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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $550 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $60,664 | $75,388-19.5% | $123,552-50.9% | $55,725+8.9% |
| Participation rate | 43.0% | 75.7%-32.6pp | 82.3%-39.3pp | 70.9%-27.8pp |
| Annual return | -5.00% | 4.48%-9.5pp | 119.20%-124.2pp | 244.93%-249.9pp |
| Employer contribution / active EE | $1,134 | $3,063-63.0% | $4,628-75.5% | $2,078-45.4% |
| Participant deferral / active EE | $4,801 | $5,651-15.0% | $6,426-25.3% | $3,356+43.1% |
| Admin fee / account holder | $252 | $120+110.7% | $9,285-97.3% | $115+119.0% |