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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $50,224 |
ASCENSUS LLC5 years Service code 15 · EIN 11-3665754 | Recordkeeping | $31,264 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,447 | $65,125-45.6% | $143,797-75.3% | $66,949-47.1% |
| Participation rate | 94.2% | 65.2%+29.0pp | 80.3%+13.9pp | 69.8%+24.4pp |
| Annual return | -17.92% | -11.13%-6.8pp | -0.04%-17.9pp | 1.57%-19.5pp |
| Employer contribution / active EE | $2,566 | $2,362+8.6% | $4,952-48.2% | $2,545+0.8% |
| Participant deferral / active EE | $3,686 | $2,920+26.2% | $5,638-34.6% | $4,239-13.1% |
| Admin fee / account holder | $303 | $503-39.7% | $14,679-97.9% | $594-49.0% |