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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $20,050 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $51,711 | $73,404-29.6% | $87,102-40.6% | $67,579-23.5% |
| Participation rate | 83.8% | 80.9%+2.9pp | 76.9%+6.9pp | 71.3%+12.5pp |
| Annual return | 21.03% | 48.29%-27.3pp | 28.19%-7.2pp | 378.56%-357.5pp |
| Employer contribution / active EE | $568 | $2,014-71.8% | $2,521-77.5% | $2,148-73.5% |
| Participant deferral / active EE | $2,980 | $3,913-23.8% | $4,048-26.4% | $3,539-15.8% |
| Admin fee / account holder | $41 | $142-70.9% | $7,491-99.4% | $142-71.0% |