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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH CONSULTING SERVICES Service code 70 · EIN 94-1687665 | Consulting Fees | $93,750 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $36,605 |
ERNST & YOUNG LLP1+ years Filed as: ERNST & YOUNG, LLP Service code 10 190 CARONDELET PLAZA · ST. LOUIS, MO 631053434 | Accounting | $15,900 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $68,555 | $74,498-8.0% | $94,229-27.2% | $59,188+15.8% |
| Participation rate | 73.1% | 76.8%-3.7pp | 78.8%-5.7pp | 69.4%+3.7pp |
| Annual return | -1.25% | 2.76%-4.0pp | 10.68%-11.9pp | 5.51%-6.8pp |
| Employer contribution / active EE | $3,901 | $2,077+87.8% | $3,587+8.8% | $2,098+85.9% |
| Participant deferral / active EE | $5,494 | $3,433+60.1% | $4,320+27.2% | $3,265+68.3% |
| Admin fee / account holder | $135 | $103+31.1% | $6,269-97.8% | $92+46.3% |