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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,136 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLOTTE, NC 28202 | Advisory (Participants) | $0 |
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 | $34,579 | $79,519-56.5% | $95,960-64.0% | $73,412-52.9% |
| Participation rate | 61.9% | 81.2%-19.3pp | 77.1%-15.2pp | 72.2%-10.3pp |
| Annual return | 16.51% | 19.20%-2.7pp | 91.63%-75.1pp | 59.30%-42.8pp |
| Employer contribution / active EE | $748 | $2,048-63.5% | $2,541-70.6% | $2,234-66.5% |
| Participant deferral / active EE | $2,160 | $4,138-47.8% | $4,167-48.2% | $3,806-43.2% |
| Admin fee / account holder | $224 | $184+21.6% | $6,797-96.7% | $158+41.9% |