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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $550 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $62,515 | $38,969+60.4% | $109,313-42.8% | $55,167+13.3% |
| Participation rate | 61.7% | 58.2%+3.5pp | 71.3%-9.6pp | 69.0%-7.3pp |
| Annual return | 11.04% | 8.26%+2.8pp | 22.07%-11.0pp | 169.23%-158.2pp |
| Employer contribution / active EE | $1,561 | $1,227+27.2% | $3,892-59.9% | $1,963-20.5% |
| Participant deferral / active EE | $4,604 | $2,176+111.6% | $3,166+45.4% | $3,054+50.7% |
| Admin fee / account holder | $2 | $501-99.5% | $5,666-100.0% | $504-99.5% |