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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $63,166 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $22,684 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT Service code 26 · EIN 33-0905143 | Advisory (Participants) | $20,000 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,042 | $150,541-72.7% | $145,433-71.8% | $103,975-60.5% |
| Participation rate | 70.1% | 81.1%-11.0pp | 82.1%-12.0pp | 72.5%-2.4pp |
| Annual return | 21.44% | 20.73%+0.7pp | 66.58%-45.1pp | 19.41%+2.0pp |
| Employer contribution / active EE | $1,979 | $5,177-61.8% | $4,554-56.6% | $3,722-46.8% |
| Participant deferral / active EE | $3,571 | $9,456-62.2% | $7,897-54.8% | $5,343-33.2% |
| Admin fee / account holder | $181 | $165+10.1% | $13,129-98.6% | $332-45.4% |