Filed September 6, 2019
Total covered: 1,486 employees
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER & S Service code 15 · EIN 13-5674085 | Recordkeeping | $1,035,347 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $234,220 | $164,350+42.5% | $95,968+144.1% | $106,273+120.4% |
| Participation rate | 99.9% | 90.5%+9.5pp | 77.1%+22.8pp | 70.8%+29.1pp |
| Annual return | 12.92% | 14.56%-1.6pp | 91.65%-78.7pp | 21.70%-8.8pp |
| Employer contribution / active EE | $9,674 | $4,292+125.4% | $2,542+280.7% | $2,722+255.4% |
| Participant deferral / active EE | $11,634 | $7,854+48.1% | $4,167+179.2% | $4,601+152.8% |
| Admin fee / account holder | $60 | $65-8.1% | $6,798-99.1% | $78-23.3% |