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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 | $106,164+61.9% | $147,041+16.9% | $77,692+121.2% |
| Participation rate | 93.2% | 78.4%+14.8pp | 82.2%+11.0pp | 70.6%+22.6pp |
| Annual return | 14.01% | 56.81%-42.8pp | 419.21%-405.2pp | 31.25%-17.2pp |
| Employer contribution / active EE | $6,908 | $4,066+69.9% | $4,935+40.0% | $2,726+153.4% |
| Participant deferral / active EE | $12,696 | $7,993+58.8% | $8,071+57.3% | $4,648+173.1% |
| Admin fee / account holder | $150 | $338-55.7% | $13,006-98.8% | $431-65.2% |