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 | $1,660,407 |
Service code 10 · EIN 36-4291971 | Accounting | $30,000 |
WARREN AVERETT, LLC2 years Filed as: WARREN AVERETT LLC Service code 70 · EIN 45-4084437 | Consulting Fees | $30,000 |
SMITH COMMUNICATION PARTNERS4 years Service code 70 · EIN 20-2894624 | Consulting Fees | $8,000 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $258,231 | $106,520+142.4% | $119,237+116.6% | $106,520+142.4% |
| Participation rate | 97.2% | 71.3%+25.9pp | 82.7%+14.5pp | 71.3%+25.9pp |
| Annual return | 14.26% | 19.28%-5.0pp | 30.70%-16.4pp | 19.28%-5.0pp |
| Employer contribution / active EE | $4,341 | $2,840+52.8% | $4,383-1.0% | $2,840+52.8% |
| Participant deferral / active EE | $9,134 | $4,948+84.6% | $6,112+49.4% | $4,948+84.6% |
| Admin fee / account holder | $36 | $75-52.3% | $7,229-99.5% | $75-52.3% |