Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 84-0467907 | Recordkeeping | $35,886 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH I Service code 27 · EIN 13-5674085 | Advisory (Plan) | $21,771 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,497 | $49,471+42.5% | $79,583-11.4% | $66,949+5.3% |
| Participation rate | 46.8% | 61.4%-14.6pp | 69.5%-22.7pp | 69.8%-23.0pp |
| Annual return | -10.51% | 84.30%-94.8pp | 0.16%-10.7pp | 1.57%-12.1pp |
| Employer contribution / active EE | $483 | $1,266-61.8% | $2,414-80.0% | $2,545-81.0% |
| Participant deferral / active EE | $2,880 | $3,160-8.8% | $3,986-27.7% | $4,239-32.1% |
| Admin fee / account holder | $498 | $595-16.2% | $6,835-92.7% | $594-16.0% |