Filed July 26, 2016
Total covered: 360 employees
| 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% | $76,030+147.2% | $200,096-6.1% |
| Participation rate | 98.9% | 70.1%+28.8pp | 69.1%+29.8pp | 72.0%+26.9pp |
| Annual return | 12.10% | 16.31%-4.2pp | 361.54%-349.4pp | 34.26%-22.2pp |
| Employer contribution / active EE | $8,591 | $3,352+156.3% | $2,688+219.7% | $3,038+182.8% |
| Participant deferral / active EE | $13,265 | $4,721+181.0% | $4,257+211.6% | $5,090+160.6% |
| Admin fee / account holder | $163 | $145+12.7% | $6,421-97.5% | $269-39.3% |