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 | $131,162+139.0% | $97,411+221.8% | $64,097+389.1% |
| Participation rate | 94.9% | 73.9%+21.0pp | 80.4%+14.5pp | 55.2%+39.7pp |
| Annual return | 15.74% | 37.93%-22.2pp | 34.72%-19.0pp | 34.64%-18.9pp |
| Employer contribution / active EE | $4,093 | $4,563-10.3% | $4,210-2.8% | $1,891+116.4% |
| Participant deferral / active EE | $8,712 | $6,687+30.3% | $5,886+48.0% | $3,080+182.9% |
| Admin fee / account holder | $772 | $2,928-73.6% | $7,145-89.2% | $3,454-77.6% |