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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $175,996 |
Service code 70 · EIN 82-1674597 | Consulting Fees | $18,000 |
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 | $171,892 | $106,264+61.8% | $147,117+16.8% | $77,762+121.0% |
| Participation rate | 93.2% | 78.4%+14.8pp | 82.2%+11.0pp | 70.6%+22.6pp |
| Annual return | 14.01% | 56.94%-42.9pp | 420.54%-406.5pp | 31.27%-17.3pp |
| Employer contribution / active EE | $6,908 | $4,074+69.6% | $4,932+40.1% | $2,728+153.2% |
| Participant deferral / active EE | $12,696 | $8,003+58.6% | $8,065+57.4% | $4,651+173.0% |
| Admin fee / account holder | $150 | $334-55.2% | $12,993-98.8% | $433-65.4% |