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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 TWO PICKWICK PLAZA, 4TH FLOOR · GREENWICH, CT 06830 | Advisory (Participants) | $52,628 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $156,574 | $58,888+165.9% | $178,499-12.3% | $73,493+113.0% |
| Participation rate | 97.8% | 66.2%+31.6pp | 81.9%+15.9pp | 70.7%+27.1pp |
| Annual return | 13.58% | 24.86%-11.3pp | 151.10%-137.5pp | 28.51%-14.9pp |
| Employer contribution / active EE | $10,584 | $2,236+373.3% | $5,011+111.2% | $2,270+366.2% |
| Participant deferral / active EE | $8,035 | $2,568+212.9% | $5,202+54.5% | $3,740+114.8% |
| Admin fee / account holder | $872 | $400+117.7% | $13,986-93.8% | $513+69.9% |