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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH CONSULTING SERVICES Service code 70 · EIN 94-1687665 | Consulting Fees | $75,000 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $32,112 |
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 | $79,068 | $61,125+29.4% | $108,582-27.2% | $63,975+23.6% |
| Participation rate | 75.7% | 80.5%-4.9pp | 79.6%-3.9pp | 71.1%+4.5pp |
| Annual return | 14.67% | 14.06%+0.6pp | -51.70%+66.4pp | 48.65%-34.0pp |
| Employer contribution / active EE | $4,416 | $2,237+97.5% | $3,758+17.5% | $2,182+102.4% |
| Participant deferral / active EE | $6,255 | $3,574+75.0% | $4,311+45.1% | $3,356+86.3% |
| Admin fee / account holder | $24 | $72-66.1% | $7,645-99.7% | $70-65.4% |