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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $47,546 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $24,141 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $99,596 | $55,449+79.6% | $83,831+18.8% | $56,289+76.9% |
| Participation rate | 84.8% | 68.0%+16.8pp | 76.1%+8.7pp | 69.9%+15.0pp |
| Annual return | -6.25% | -1.38%-4.9pp | 850.99%-857.2pp | -9.96%+3.7pp |
| Employer contribution / active EE | $5,944 | $2,430+144.6% | $3,631+63.7% | $2,111+181.6% |
| Participant deferral / active EE | $5,722 | $2,935+94.9% | $4,082+40.2% | $3,350+70.8% |
| Admin fee / account holder | $413 | $656-37.0% | $5,479-92.5% | $521-20.6% |