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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILY LYNCH PIERCE FENNER & SMITH Service code 53 · EIN 13-5674085 | Insurance Commissions | $8,437 |
NOVA 401(K) ASSOCIATES1 year Service code 13 · EIN 20-1181458 10777 NORTHWEST FWY #440 · HOUSTON, TX 77092 | Contract Administrator | $7,251 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $4,935 |
MERRIL LYNCH1 year Filed as: MERILL LYNCH LIFE AGENCY INC Service code 55 | Other Commissions | $969 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $75 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 55 1215 4TH AVE 26TH FL · SEATTLE, WA 98161 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,164 | $75,183-22.6% | $123,894-53.1% | $55,167+5.4% |
| Participation rate | 50.0% | 72.8%-22.8pp | 81.4%-31.4pp | 69.0%-19.0pp |
| Annual return | 18.22% | 19.01%-0.8pp | 47.52%-29.3pp | 169.23%-151.0pp |
| Employer contribution / active EE | $1,550 | $2,823-45.1% | $4,617-66.4% | $1,963-21.0% |
| Participant deferral / active EE | $3,426 | $5,084-32.6% | $5,984-42.7% | $3,054+12.2% |
| Admin fee / account holder | $57 | $663-91.4% | $8,357-99.3% | $504-88.7% |