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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 35-1140070 | Contract Administrator | $3,373 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $2,256 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $265 |
Service code 15 6602 E 75TH ST · INDIANAPOLIS, IN 46250 | Recordkeeping | $215 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $8,660 | $35,986-75.9% | $77,513-88.8% | $73,493-88.2% |
| Participation rate | 57.1% | 40.8%+16.3pp | 54.2%+3.0pp | 70.7%-13.5pp |
| Annual return | 29.37% | 19.26%+10.1pp | 54.81%-25.4pp | 28.51%+0.9pp |
| Employer contribution / active EE | $314 | $557-43.7% | $987-68.2% | $2,270-86.2% |
| Participant deferral / active EE | $497 | $1,198-58.5% | $1,861-73.3% | $3,740-86.7% |
| Admin fee / account holder | $146 | $466-68.7% | $2,859-94.9% | $513-71.6% |