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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 13 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Contract Administrator | $28,126 |
PAYCHEX, INC.2 years Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $22,026 |
Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $7,110 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,503 | $76,112-21.8% | $96,544-38.4% | $71,529-16.8% |
| Participation rate | 98.7% | 74.4%+24.3pp | 76.0%+22.7pp | 67.9%+30.8pp |
| Annual return | 18.19% | 22.80%-4.6pp | 25.88%-7.7pp | 28.97%-10.8pp |
| Employer contribution / active EE | $5,364 | $2,248+138.6% | $2,966+80.8% | $2,590+107.1% |
| Participant deferral / active EE | $10,926 | $4,217+159.1% | $4,851+125.2% | $4,291+154.6% |
| Admin fee / account holder | $294 | $2,708-89.1% | $8,254-96.4% | $1,588-81.5% |