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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 15 AND SMITH · NEW YORK, NY 10281 | Recordkeeping | $81,524 |
Filed as: UBS FINANCIAL SERVICE INC Service code 16 1000 HARBOR BLVD, 6TH FL · WEEHAWKEN, NJ 07086 | Consulting | $30,102 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,313 | $105,190-29.4% | $98,920-24.9% | $90,274-17.7% |
| Participation rate | 62.4% | 86.4%-23.9pp | 76.0%-13.6pp | 73.4%-10.9pp |
| Annual return | 11.38% | 18.52%-7.1pp | 196.47%-185.1pp | 53.97%-42.6pp |
| Employer contribution / active EE | $1,332 | $3,831-65.2% | $2,689-50.5% | $2,523-47.2% |
| Participant deferral / active EE | $2,556 | $5,616-54.5% | $4,245-39.8% | $4,231-39.6% |
| Admin fee / account holder | $67 | $97-30.8% | $6,643-99.0% | $114-40.9% |