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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $116,678 |
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 | $235,259 | $122,596+91.9% | $184,243+27.7% | $199,921+17.7% |
| Participation rate | 98.6% | 86.9%+11.7pp | 86.8%+11.8pp | 72.0%+26.6pp |
| Annual return | 15.01% | 144.14%-129.1pp | 28.82%-13.8pp | 34.28%-19.3pp |
| Employer contribution / active EE | $10,858 | $4,570+137.6% | $6,427+68.9% | $3,035+257.7% |
| Participant deferral / active EE | $12,252 | $7,972+53.7% | $9,132+34.2% | $5,089+140.8% |
| Admin fee / account holder | $65 | $120-45.7% | $13,914-99.5% | $269-75.7% |