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 | $1,870,348 |
Service code 70 · EIN 36-4291971 | Consulting Fees | $30,000 |
WARREN AVERETT, LLC1 year Filed as: WARREN AVERETT LLC Service code 10 · EIN 45-4084437 | Accounting | $30,000 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $234,516 | $106,273+120.7% | $112,977+107.6% | $106,273+120.7% |
| Participation rate | 97.5% | 70.8%+26.7pp | 82.6%+15.0pp | 70.8%+26.7pp |
| Annual return | 9.05% | 21.70%-12.6pp | 24.24%-15.2pp | 21.70%-12.6pp |
| Employer contribution / active EE | $4,330 | $2,722+59.1% | $4,255+1.8% | $2,722+59.1% |
| Participant deferral / active EE | $8,836 | $4,601+92.0% | $5,836+51.4% | $4,601+92.0% |
| Admin fee / account holder | $47 | $78-39.7% | $6,294-99.2% | $78-39.7% |