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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $979,755 |
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 | $150,641 | $93,462+61.2% | $165,100-8.8% | $99,313+51.7% |
| Participation rate | 81.4% | 79.9%+1.4pp | 78.6%+2.7pp | 71.7%+9.7pp |
| Annual return | 16.39% | 15.71%+0.7pp | 70.21%-53.8pp | 17.67%-1.3pp |
| Employer contribution / active EE | $6,460 | $3,099+108.4% | $4,348+48.6% | $3,264+97.9% |
| Participant deferral / active EE | $10,196 | $5,366+90.0% | $6,035+68.9% | $5,346+90.7% |
| Admin fee / account holder | $120 | $81+47.3% | $12,696-99.1% | $109+9.8% |