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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLOTTE, NC 28255 | Advisory (Participants) | $81,114 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $10,597 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,517 | $82,188-70.2% | $125,391-80.4% | $64,824-62.2% |
| Participation rate | 82.2% | 77.9%+4.3pp | 82.4%-0.2pp | 71.5%+10.7pp |
| Annual return | -16.42% | 3.50%-19.9pp | 572.41%-588.8pp | 32.84%-49.3pp |
| Employer contribution / active EE | $1,954 | $3,617-46.0% | $4,816-59.4% | $2,507-22.1% |
| Participant deferral / active EE | $3,543 | $7,177-50.6% | $7,448-52.4% | $4,311-17.8% |
| Admin fee / account holder | $157 | $163-3.6% | $10,009-98.4% | $188-16.2% |