Filed February 22, 2008 (most recent of 4 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 15 · EIN 13-5674085 AND SMITH INC. · NEW YORK, NY 10281 | Recordkeeping | $174,534 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $95,838 | $65,292+46.8% | $88,497+8.3% | $65,292+46.8% |
| Participation rate | 87.8% | 72.4%+15.4pp | 82.4%+5.4pp | 72.4%+15.4pp |
| Annual return | 7.34% | 11.84%-4.5pp | 7.63%-0.3pp | 11.84%-4.5pp |
| Employer contribution / active EE | $3,299 | $2,302+43.3% | $4,036-18.3% | $2,302+43.3% |
| Participant deferral / active EE | $4,636 | $3,579+29.6% | $4,899-5.4% | $3,579+29.6% |
| Admin fee / account holder | $24 | $57-58.8% | $6,220-99.6% | $57-58.8% |