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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $23,002 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $19,675 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $80,371 | $98,766-18.6% | $149,730-46.3% | $79,852+0.7% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.5%+17.5pp | 69.6%+30.4pp |
| Annual return | 15.95% | 27.43%-11.5pp | 276.70%-260.8pp | 31.72%-15.8pp |
| Employer contribution / active EE | $6,984 | $3,217+117.1% | $4,645+50.4% | $2,471+182.6% |
| Participant deferral / active EE | $6,577 | $5,681+15.8% | $6,843-3.9% | $3,740+75.8% |
| Admin fee / account holder | $365 | $6,052-94.0% | $9,310-96.1% | $5,306-93.1% |