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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 | $31,548 |
ERNST & YOUNG LLP3+ years Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596 | Accounting | $16,800 |
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 | $92,637 | $67,228+37.8% | $117,861-21.4% | $77,958+18.8% |
| Participation rate | 79.4% | 79.4%0pp | 79.7%-0.2pp | 71.6%+7.8pp |
| Annual return | 20.14% | 19.13%+1.0pp | 335.11%-315.0pp | 20.87%-0.7pp |
| Employer contribution / active EE | $4,966 | $2,211+124.6% | $3,786+31.2% | $2,310+114.9% |
| Participant deferral / active EE | $6,877 | $3,653+88.2% | $4,482+53.4% | $3,537+94.4% |
| Admin fee / account holder | $154 | $76+103.2% | $8,021-98.1% | $97+58.2% |