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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142000600 | Recordkeeping | $40,290 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $7,252 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $33,559 | $50,151-33.1% | $149,696-77.6% | $80,157-58.1% |
| Participation rate | 45.3% | 64.3%-19.0pp | 78.8%-33.4pp | 72.9%-27.6pp |
| Annual return | 25.50% | 29.80%-4.3pp | 134.46%-109.0pp | 40.39%-14.9pp |
| Employer contribution / active EE | $1,369 | $1,867-26.7% | $4,821-71.6% | $2,977-54.0% |
| Participant deferral / active EE | $3,005 | $3,194-5.9% | $5,682-47.1% | $5,015-40.1% |
| Admin fee / account holder | $68 | $153-55.6% | $13,212-99.5% | $145-53.3% |