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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $55,834 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $34,218 | $72,066-52.5% | $81,716-58.1% | $90,274-62.1% |
| Participation rate | 79.1% | 78.9%+0.2pp | 72.0%+7.1pp | 73.4%+5.7pp |
| Annual return | 74.12% | 15.92%+58.2pp | 29.49%+44.6pp | 53.97%+20.1pp |
| Employer contribution / active EE | $822 | $2,335-64.8% | $4,310-80.9% | $2,523-67.4% |
| Participant deferral / active EE | $1,022 | $3,557-71.3% | $7,108-85.6% | $4,231-75.8% |
| Admin fee / account holder | $38 | $92-59.2% | $5,159-99.3% | $114-66.9% |