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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-1027290 | Contract Administrator | $39,952 |
Filed as: MERRILL LYNCH, PIERCE, FENNER & SM Service code 17 · EIN 13-5674085 | Pension Consulting | $25,577 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,880 | $104,479-45.6% | $159,474-64.3% | $79,391-28.4% |
| Participation rate | 85.7% | 76.6%+9.1pp | 82.8%+2.9pp | 70.7%+15.0pp |
| Annual return | 18.09% | 67.98%-49.9pp | 263.68%-245.6pp | 116.88%-98.8pp |
| Employer contribution / active EE | $1,541 | $3,417-54.9% | $4,831-68.1% | $2,428-36.5% |
| Participant deferral / active EE | $6,014 | $6,468-7.0% | $7,353-18.2% | $4,046+48.6% |
| Admin fee / account holder | $356 | $711-49.9% | $10,802-96.7% | $627-43.2% |