Filed July 26, 2016
Total covered: 360 employees
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| Provider | Service type | Compensation |
|---|---|---|
MERCER8 years Filed as: MERCER INVESTMENT MANAGEMENT Service code 70 · EIN 30-0282430 | Consulting Fees | $518,392 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $319,863 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $187,922 | $81,301+131.1% | $76,119+146.9% | $199,960-6.0% |
| Participation rate | 98.9% | 70.1%+28.8pp | 69.1%+29.8pp | 72.0%+26.9pp |
| Annual return | 12.10% | 16.31%-4.2pp | 361.25%-349.1pp | 34.28%-22.2pp |
| Employer contribution / active EE | $8,591 | $3,352+156.3% | $2,693+219.1% | $3,036+183.0% |
| Participant deferral / active EE | $13,265 | $4,721+181.0% | $4,259+211.4% | $5,087+160.8% |
| Admin fee / account holder | $163 | $145+12.7% | $6,421-97.5% | $269-39.3% |