Filed January 9, 2025
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $5,387 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,369 | $50,106-75.3% | $69,779-82.3% | $57,658-78.5% |
| Participation rate | 80.1% | 70.9%+9.2pp | 71.8%+8.3pp | 70.2%+9.8pp |
| Annual return | 7.01% | 14.58%-7.6pp | 12.99%-6.0pp | 5.13%+1.9pp |
| Employer contribution / active EE | $760 | $1,739-56.3% | $2,338-67.5% | $1,974-61.5% |
| Participant deferral / active EE | $1,151 | $2,486-53.7% | $2,931-60.7% | $3,061-62.4% |
| Admin fee / account holder | $7 | $89-92.5% | $4,381-99.8% | $95-92.9% |