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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER SMITH I Service code 27 · EIN 47-1356737 | Advisory (Plan) | $7,441 |
ASCENSUS LLC1 year Filed as: ASCENSUS HOLDING/DBA FUTURE PLAN Service code 13 101 W BORADWAY STE 1420 · SAN DIEGO, CA 92101 | Contract Administrator | $4,744 |
Filed as: EMPOWER ANNUITY INS CO, Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $1,400 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,000 | $42,367-43.4% | $79,580-69.8% | $64,819-63.0% |
| Participation rate | 53.2% | 64.7%-11.5pp | 69.5%-16.3pp | 71.5%-18.3pp |
| Annual return | -14.66% | -12.23%-2.4pp | 0.15%-14.8pp | 32.84%-47.5pp |
| Employer contribution / active EE | $1,037 | $1,181-12.2% | $2,413-57.0% | $2,507-58.6% |
| Participant deferral / active EE | $1,364 | $3,170-57.0% | $3,985-65.8% | $4,311-68.4% |
| Admin fee / account holder | $135 | $160-15.3% | $6,835-98.0% | $188-28.1% |