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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $9,627 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $60,846 | $56,640+7.4% | $78,002-22.0% | $55,167+10.3% |
| Participation rate | 92.1% | 73.3%+18.8pp | 75.5%+16.6pp | 69.0%+23.2pp |
| Annual return | 7.97% | 2868.48%-2860.5pp | 425.99%-418.0pp | 169.23%-161.3pp |
| Employer contribution / active EE | $1,452 | $1,724-15.8% | $2,470-41.2% | $1,963-26.0% |
| Participant deferral / active EE | $3,862 | $2,778+39.0% | $3,497+10.4% | $3,054+26.5% |
| Admin fee / account holder | $64 | $467-86.2% | $5,481-98.8% | $504-87.3% |