Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $26,120 |
PURDY, DONOVAN, & BEAL, LLP3+ years Service code 10 · EIN 38-1339335 | Accounting | $20,040 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $59,626 | $44,989+32.5% | $170,435-65.0% | $77,958-23.5% |
| Participation rate | 50.8% | 64.6%-13.8pp | 83.6%-32.8pp | 71.6%-20.9pp |
| Annual return | 20.62% | 19.61%+1.0pp | 205.94%-185.3pp | 20.87%-0.2pp |
| Employer contribution / active EE | $0 | $1,466-100.0% | $5,432-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $2,810 | $2,208+27.3% | $4,939-43.1% | $3,537-20.5% |
| Admin fee / account holder | $50 | $69-27.3% | $13,881-99.6% | $97-48.5% |