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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $0 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N. COLLEGE ST. · CHARLOTTE, NC 28202 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,090 | $93,010-69.8% | $96,515-70.9% | $74,460-62.3% |
| Participation rate | 53.5% | 71.6%-18.1pp | 74.3%-20.9pp | 70.7%-17.3pp |
| Annual return | 16.64% | 37.50%-20.9pp | 35.73%-19.1pp | 34.38%-17.7pp |
| Employer contribution / active EE | $2,554 | $3,427-25.5% | $3,740-31.7% | $2,638-3.2% |
| Participant deferral / active EE | $4,033 | $3,971+1.6% | $4,880-17.3% | $4,530-11.0% |
| Admin fee / account holder | $175 | $633-72.4% | $6,735-97.4% | $348-49.8% |