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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLOTTE, NC 28255 | Advisory (Participants) | $32,798 |
PENSION ASSURANCE LLP5 years Filed as: KB PENSION SERVICES, INC. Service code 15 · EIN 05-0721110 9423 TOWN CENTER PARKWAY · LAKEWOOD RANCH, FL 34202 | Recordkeeping | $3,040 |
Service code 15 · EIN 01-0233346 P O BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $2,116 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,587 | $91,439+2.3% | $135,974-31.2% | $71,511+30.9% |
| Participation rate | 86.9% | 75.7%+11.3pp | 81.9%+5.0pp | 67.9%+19.0pp |
| Annual return | 16.76% | 29.90%-13.1pp | 68.30%-51.5pp | 28.86%-12.1pp |
| Employer contribution / active EE | $3,022 | $3,705-18.4% | $4,859-37.8% | $2,589+16.7% |
| Participant deferral / active EE | $6,548 | $7,093-7.7% | $7,760-15.6% | $4,291+52.6% |
| Admin fee / account holder | $387 | $1,267-69.5% | $10,767-96.4% | $1,588-75.6% |