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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-1027290 | Contract Administrator | $45,606 |
Filed as: MERRILL LYNCH, PIERCE, FENNER & SM Service code 17 · EIN 13-5674085 | Pension Consulting | $8,153 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $5,311 |
Filed as: MERRILL LYNCH,PIERCE,FENNER & SM Service code 17 | Pension Consulting | $10 |
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 | $48,539 | $99,957-51.4% | $149,745-67.6% | $73,497-34.0% |
| Participation rate | 82.8% | 75.7%+7.1pp | 82.5%+0.4pp | 70.7%+12.2pp |
| Annual return | 15.99% | 53.87%-37.9pp | 276.72%-260.7pp | 28.51%-12.5pp |
| Employer contribution / active EE | $0 | $3,191-100.0% | $4,646-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $5,824 | $6,073-4.1% | $6,843-14.9% | $3,740+55.7% |
| Admin fee / account holder | $320 | $551-41.9% | $9,312-96.6% | $513-37.6% |