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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480 | Insurance Broker | $3,033 |
Filed as: RETIREMENT STRATEGIES INC Service code 15 · EIN 58-2380163 | Recordkeeping | $2,340 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $331 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $20,457 | $73,102-72.0% | $123,549-83.4% | $56,287-63.7% |
| Participation rate | 76.3% | 74.3%+2.0pp | 82.3%-6.0pp | 69.9%+6.5pp |
| Annual return | -6.49% | 3.01%-9.5pp | 119.20%-125.7pp | -9.96%+3.5pp |
| Employer contribution / active EE | $1,258 | $2,977-57.7% | $4,628-72.8% | $2,111-40.4% |
| Participant deferral / active EE | $3,973 | $5,423-26.7% | $6,426-38.2% | $3,350+18.6% |
| Admin fee / account holder | $9 | $554-98.4% | $9,284-99.9% | $521-98.3% |