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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $8,393 |
ASCENSUS LLC4+ years Service code 15 · EIN 11-3665754 | Recordkeeping | $3,435 |
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 | $7,236 | $76,912-90.6% | $129,110-94.4% | $68,495-89.4% |
| Participation rate | 89.8% | 69.1%+20.6pp | 77.3%+12.5pp | 67.9%+21.9pp |
| Annual return | -12.09% | -9.78%-2.3pp | -10.94%-1.1pp | -7.84%-4.2pp |
| Employer contribution / active EE | $0 | $3,243-100.0% | $5,052-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $7,812 | $4,732+65.1% | $6,542+19.4% | $4,028+94.0% |
| Admin fee / account holder | $58 | $6,638-99.1% | $14,302-99.6% | $5,403-98.9% |