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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH - EPS Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLOTTE, NC 28202 | Advisory (Participants) | $17,608 |
Filed as: MERRILL LYNCH - FAS Service code 26 · EIN 13-5674085 150 N. COLLEGE STREET · CHARLOTTE, NC 28202 | Advisory (Participants) | $15,093 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $275 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,549 | $99,957-48.4% | $149,730-65.6% | $73,493-29.9% |
| Participation rate | 77.9% | 75.7%+2.2pp | 82.5%-4.6pp | 70.7%+7.2pp |
| Annual return | 19.22% | 53.87%-34.6pp | 276.70%-257.5pp | 28.51%-9.3pp |
| Employer contribution / active EE | $1,654 | $3,191-48.2% | $4,645-64.4% | $2,270-27.1% |
| Participant deferral / active EE | $3,782 | $6,073-37.7% | $6,843-44.7% | $3,740+1.1% |
| Admin fee / account holder | $557 | $551+1.1% | $9,310-94.0% | $513+8.5% |