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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $49,365 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $27,547 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,560 | $61,172-27.2% | $185,851-76.0% | $79,389-43.9% |
| Participation rate | 95.7% | 66.6%+29.1pp | 81.7%+14.0pp | 70.7%+25.0pp |
| Annual return | 12.18% | 19.45%-7.3pp | 122.11%-109.9pp | 116.89%-104.7pp |
| Employer contribution / active EE | $2,590 | $2,321+11.6% | $5,168-49.9% | $2,428+6.7% |
| Participant deferral / active EE | $3,604 | $2,788+29.3% | $5,569-35.3% | $4,046-10.9% |
| Admin fee / account holder | $309 | $710-56.5% | $16,245-98.1% | $626-50.7% |