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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $86,740 |
K. WILLIAMSON1 year Filed as: WILLIAMSON ADVISORY SERVICES, INC. Service code 50 375 NORTHRIDGE RD SUITE 510 · ATLANTA, GA 30350 | Direct Payment | $58,289 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $113,629 | $46,732+143.1% | $156,551-27.4% | $55,167+106.0% |
| Participation rate | 60.4% | 65.8%-5.4pp | 84.0%-23.6pp | 69.0%-8.6pp |
| Annual return | 6.39% | 17.72%-11.3pp | 32.23%-25.8pp | 169.23%-162.8pp |
| Employer contribution / active EE | $3,517 | $2,105+67.1% | $5,501-36.1% | $1,963+79.2% |
| Participant deferral / active EE | $2,673 | $2,204+21.3% | $4,871-45.1% | $3,054-12.5% |
| Admin fee / account holder | $306 | $418-26.8% | $13,028-97.6% | $504-39.2% |