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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $6,750 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $332 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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).
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $298,922 | $202,342+47.7% | $172,752+73.0% | $152,897+95.5% |
| Participation rate | 100.0% | 87.1%+12.9pp | 82.6%+17.4pp | 82.5%+17.5pp |
| Annual return | 20.11% | 1029.83%-1009.7pp | 802.97%-782.9pp | 345.43%-325.3pp |
| Employer contribution / active EE | $7,889 | $5,858+34.7% | $5,144+53.4% | $4,764+65.6% |
| Participant deferral / active EE | $4,865 | $5,948-18.2% | $5,198-6.4% | $5,851-16.9% |
| Admin fee / account holder | $4,037 | $17,111-76.4% | $13,955-71.1% | $11,599-65.2% |