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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 27 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Advisory (Plan) | $22,120 |
PAYCHEX, INC.5 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $21,745 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,188 | $78,562-62.8% | $105,608-72.4% | $74,429-60.8% |
| Participation rate | 97.5% | 72.8%+24.7pp | 75.3%+22.2pp | 67.2%+30.3pp |
| Annual return | 13.40% | 15.94%-2.5pp | 116.50%-103.1pp | 1368.38%-1355.0pp |
| Employer contribution / active EE | -$81 | $2,521-103.2% | $3,167-102.6% | $2,625-103.1% |
| Participant deferral / active EE | $3,874 | $4,321-10.4% | $5,010-22.7% | $4,348-10.9% |
| Admin fee / account holder | $131 | $2,217-94.1% | $11,028-98.8% | $1,944-93.3% |