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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 27 · EIN 13-5674085 | Advisory (Plan) | $7,870 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $5,080 |
Filed as: R. J. L. PENSION SERVICES, INC. Service code 15 · EIN 59-3033722 | Recordkeeping | $1,719 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 15 · EIN 13-2808480 | Recordkeeping | $0 |
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 | $19,057 | $60,795-68.7% | $69,461-72.6% | $65,185-70.8% |
| Participation rate | 70.9% | 74.9%-3.9pp | 74.6%-3.7pp | 70.2%+0.7pp |
| Annual return | 21.17% | 17.46%+3.7pp | 28.97%-7.8pp | 29.38%-8.2pp |
| Employer contribution / active EE | $717 | $2,452-70.8% | $2,779-74.2% | $2,177-67.1% |
| Participant deferral / active EE | $1,565 | $3,162-50.5% | $3,536-55.7% | $3,514-55.5% |
| Admin fee / account holder | $128 | $314-59.4% | $3,840-96.7% | $847-84.9% |