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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 | Advisory (Participants) | $38,011 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $892 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $66,002 | $84,493-21.9% | $125,381-47.4% | $66,938-1.4% |
| Participation rate | 51.4% | 76.4%-25.0pp | 82.4%-30.9pp | 69.8%-18.4pp |
| Annual return | -16.62% | -8.49%-8.1pp | 572.31%-588.9pp | 1.58%-18.2pp |
| Employer contribution / active EE | $1,266 | $3,554-64.4% | $4,815-73.7% | $2,545-50.3% |
| Participant deferral / active EE | $4,277 | $6,783-37.0% | $7,448-42.6% | $4,238+0.9% |
| Admin fee / account holder | $286 | $685-58.3% | $10,007-97.1% | $594-51.8% |