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 | $1,465,148 |
WARREN AVERETT, LLC4 years Filed as: WARREN AVERETT LLC Service code 10 · EIN 45-4084437 | Accounting | $32,000 |
Service code 10 · EIN 36-4291971 | 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 | $240,560 | $96,393+149.6% | $112,504+113.8% | $96,393+149.6% |
| Participation rate | 97.8% | 71.3%+26.5pp | 80.6%+17.2pp | 71.3%+26.5pp |
| Annual return | 11.67% | 22.88%-11.2pp | 34.13%-22.5pp | 22.88%-11.2pp |
| Employer contribution / active EE | $4,649 | $3,239+43.6% | $4,571+1.7% | $3,239+43.6% |
| Participant deferral / active EE | $9,811 | $5,455+79.9% | $6,522+50.4% | $5,455+79.9% |
| Admin fee / account holder | $35 | $74-52.3% | $7,048-99.5% | $74-52.3% |