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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $16,388 |
QUALIFIED PLANS, LLC8+ years Filed as: QUALIFIED PLAN CONSULTANTS, LLC Service code 17 · EIN 20-0223513 | Pension Consulting | $2,394 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,605 | $37,463+11.1% | $77,100-46.0% | $66,949-37.9% |
| Participation rate | 85.8% | 52.9%+32.9pp | 67.9%+17.9pp | 69.8%+16.0pp |
| Annual return | -20.51% | -3.25%-17.3pp | 42.35%-62.9pp | 1.57%-22.1pp |
| Employer contribution / active EE | $877 | $1,535-42.9% | $2,815-68.8% | $2,545-65.5% |
| Participant deferral / active EE | $3,845 | $2,621+46.7% | $4,430-13.2% | $4,239-9.3% |
| Admin fee / account holder | $321 | $568-43.4% | $5,443-94.1% | $594-45.9% |