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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480 | Insurance Broker | $0 |
QBI, LLC1+ years Service code 15 · EIN 26-2768667 21031 VENTURA BLVD., 12TH FLOOR · WOODLAND HILLS, CA 91364 | Recordkeeping | $0 |
Filed as: TRANSAMERICA FINANCIAL Service code 15 · EIN 36-6071399 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $101,157 | $54,045+87.2% | $115,170-12.2% | $65,185+55.2% |
| Participation rate | 44.2% | 63.5%-19.3pp | 75.9%-31.7pp | 70.2%-26.0pp |
| Annual return | 24.81% | 26.55%-1.7pp | 35.60%-10.8pp | 29.38%-4.6pp |
| Employer contribution / active EE | $915 | $1,653-44.6% | $3,179-71.2% | $2,177-58.0% |
| Participant deferral / active EE | $2,873 | $2,504+14.7% | $4,169-31.1% | $3,514-18.2% |
| Admin fee / account holder | $81 | $626-87.1% | $7,089-98.9% | $847-90.5% |