Filed July 9, 2010
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $69,624 |
UBS FINANCIAL SERVICES INC1+ years Service code 70 · EIN 13-2638166 | Consulting Fees | $27,500 |
WITHUMSMITH+BROWN, PC1+ years Filed as: FROST BROWN TODD LLC Service code 50 · EIN 61-0722001 | Direct Payment | $15,005 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $24,134 | $46,516-48.1% | $147,618-83.7% | $69,651-65.3% |
| Participation rate | 12.3% | 65.8%-53.5pp | 84.6%-72.3pp | 66.6%-54.2pp |
| Annual return | 3.09% | 9.48%-6.4pp | 61.98%-58.9pp | 53.77%-50.7pp |
| Employer contribution / active EE | $167 | $1,393-88.0% | $5,564-97.0% | $2,241-92.5% |
| Participant deferral / active EE | $297 | $2,719-89.1% | $4,895-93.9% | $3,635-91.8% |
| Admin fee / account holder | $25 | $45-44.4% | $11,612-99.8% | $63-60.6% |