Filed May 7, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $14,773 |
Filed as: PILTZ, WILLIAMS, LAROSA COMPANY Service code 50 · EIN 64-0767137 | Direct Payment | $10,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,756 | $31,741+59.9% | $56,033-9.4% | $199,960-74.6% |
| Participation rate | 19.0% | 32.3%-13.3pp | 52.5%-33.5pp | 72.0%-53.0pp |
| Annual return | 12.90% | 14.72%-1.8pp | 1711.38%-1698.5pp | 34.28%-21.4pp |
| Employer contribution / active EE | $145 | $508-71.4% | $1,041-86.0% | $3,036-95.2% |
| Participant deferral / active EE | $869 | $1,184-26.6% | $1,954-55.5% | $5,087-82.9% |
| Admin fee / account holder | $80 | $426-81.2% | $2,827-97.2% | $269-70.2% |