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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N COLLEGE ST · CHARLOTTE, NC 22802 | Advisory (Participants) | $11,653 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $3,000 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $62,409-100.0% | $120,574-100.0% | $74,459-100.0% |
| Participation rate | 0.0% | 56.8%-56.8pp | 71.9%-71.9pp | 67.2%-67.2pp |
| Annual return | 11.02% | 18.62%-7.6pp | 107.42%-96.4pp | 1369.70%-1358.7pp |
| Employer contribution / active EE | $763 | $1,847-58.7% | $3,471-78.0% | $2,626-70.9% |
| Participant deferral / active EE | $1,706 | $2,888-40.9% | $4,996-65.9% | $4,350-60.8% |
| Admin fee / account holder | $0 | $2,394-100.0% | $9,445-100.0% | $1,945-100.0% |