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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $1,510 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $70,435 | $63,156+11.5% | $122,354-42.4% | $62,293+13.1% |
| Participation rate | 61.5% | 60.0%+1.5pp | 71.6%-10.1pp | 69.5%-8.0pp |
| Annual return | 17.09% | 20.61%-3.5pp | 30.28%-13.2pp | 28.90%-11.8pp |
| Employer contribution / active EE | $1,171 | $1,385-15.4% | $4,051-71.1% | $2,042-42.7% |
| Participant deferral / active EE | $4,801 | $2,321+106.9% | $3,287+46.1% | $3,169+51.5% |
| Admin fee / account holder | $6 | $440-98.6% | $5,479-99.9% | $479-98.7% |