Filed July 14, 2015 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $101,929 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $313,486 | $135,961+130.6% | $96,707+224.2% | $67,986+361.1% |
| Participation rate | 94.9% | 76.3%+18.6pp | 80.4%+14.5pp | 57.2%+37.7pp |
| Annual return | 15.74% | 31.14%-15.4pp | 34.78%-19.0pp | 31.67%-15.9pp |
| Employer contribution / active EE | $4,093 | $5,011-18.3% | $4,191-2.4% | $2,019+102.7% |
| Participant deferral / active EE | $8,712 | $7,360+18.4% | $5,997+45.3% | $3,358+159.4% |
| Admin fee / account holder | $772 | $2,370-67.4% | $7,503-89.7% | $3,203-75.9% |