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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $23,759 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $8,767 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $20,310 | $53,911-62.3% | $130,660-84.5% | $77,775-73.9% |
| Participation rate | 45.1% | 60.2%-15.1pp | 71.7%-26.6pp | 73.2%-28.1pp |
| Annual return | 22.00% | 21.93%+0.1pp | 1709.29%-1687.3pp | 32.58%-10.6pp |
| Employer contribution / active EE | $293 | $1,826-84.0% | $4,092-92.8% | $2,504-88.3% |
| Participant deferral / active EE | $986 | $2,288-56.9% | $3,603-72.6% | $3,966-75.1% |
| Admin fee / account holder | $17 | $129-86.4% | $5,463-99.7% | $100-82.5% |