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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER & SMIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $70,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $32,247 |
Service code 10 · EIN 47-2399509 | Accounting | $16,000 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,816 | $82,188+27.5% | $125,391-16.4% | $64,824+61.7% |
| Participation rate | 98.5% | 77.9%+20.6pp | 82.4%+16.1pp | 71.5%+27.0pp |
| Annual return | -17.87% | 3.50%-21.4pp | 572.41%-590.3pp | 32.84%-50.7pp |
| Employer contribution / active EE | $4,716 | $3,617+30.4% | $4,816-2.1% | $2,507+88.1% |
| Participant deferral / active EE | $15,627 | $7,177+117.7% | $7,448+109.8% | $4,311+262.5% |
| Admin fee / account holder | $82 | $163-49.9% | $10,009-99.2% | $188-56.4% |