Filed August 12, 2022 (most recent of 100 filings on file)
Total covered: 3,111 employees
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $2,753,979 |
Service code 70 · EIN 36-4291971 | Consulting Fees | $30,000 |
TROUTMAN SANDERS LLP1 year Service code 70 · EIN 58-0946915 | Consulting Fees | $22,000 |
MERCER1 year Filed as: MERCER CONSULTANTS Service code 70 · EIN 61-0736136 | Consulting Fees | $12,953 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $222,225 | $89,609+148.0% | $105,387+110.9% | $89,609+148.0% |
| Participation rate | 97.1% | 69.6%+27.6pp | 82.6%+14.6pp | 69.6%+27.6pp |
| Annual return | 29.43% | 33.65%-4.2pp | 26.82%+2.6pp | 33.65%-4.2pp |
| Employer contribution / active EE | $3,970 | $2,584+53.6% | $4,213-5.8% | $2,584+53.6% |
| Participant deferral / active EE | $8,005 | $4,222+89.6% | $5,502+45.5% | $4,222+89.6% |
| Admin fee / account holder | $83 | $72+15.6% | $6,559-98.7% | $72+15.6% |