Filed July 19, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $189,269 |
PBMARES, LLP1 year Filed as: PBMARES, LLC Service code 10 · EIN 54-0737372 | Accounting | $48,465 |
Service code 26 · EIN 95-4839031 | Advisory (Participants) | $38,823 |
NOSSAMAN LLP1 year Service code 29 · EIN 95-2219542 | Legal | $13,639 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,057 | $44,898+7.0% | $85,187-43.6% | $199,960-76.0% |
| Participation rate | 93.1% | 45.7%+47.4pp | 67.5%+25.6pp | 72.0%+21.1pp |
| Annual return | 15.53% | 20.98%-5.5pp | 66.67%-51.1pp | 34.28%-18.7pp |
| Employer contribution / active EE | $2,312 | $1,367+69.1% | $2,732-15.4% | $3,036-23.8% |
| Participant deferral / active EE | $4,923 | $2,670+84.4% | $4,525+8.8% | $5,087-3.2% |
| Admin fee / account holder | $70 | $585-88.0% | $6,162-98.9% | $269-73.9% |