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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $43,695 |
Service code 15 · EIN 84-0467907 | Recordkeeping | $28,284 |
WITHUMSMITH+BROWN, PC1 year Filed as: PATTILLO, BROWN & HILL LLP Service code 13 · EIN 74-1130599 | Contract Administrator | $3,250 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,655 | $84,936-16.8% | $111,308-36.5% | $79,391-11.0% |
| Participation rate | 99.1% | 75.9%+23.2pp | 77.3%+21.8pp | 70.7%+28.4pp |
| Annual return | 13.98% | 17.45%-3.5pp | 54.67%-40.7pp | 116.88%-102.9pp |
| Employer contribution / active EE | $1,691 | $1,979-14.6% | $2,732-38.1% | $2,428-30.4% |
| Participant deferral / active EE | $2,362 | $3,888-39.2% | $4,487-47.4% | $4,046-41.6% |
| Admin fee / account holder | $338 | $537-37.0% | $7,965-95.8% | $627-46.0% |