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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $68,827 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $81,437 | $130,084-37.4% | $138,135-41.0% | $90,274-9.8% |
| Participation rate | 96.8% | 86.0%+10.8pp | 78.7%+18.1pp | 73.4%+23.5pp |
| Annual return | 11.51% | 14.63%-3.1pp | 20.51%-9.0pp | 53.97%-42.5pp |
| Employer contribution / active EE | $968 | $5,865-83.5% | $5,587-82.7% | $2,523-61.6% |
| Participant deferral / active EE | $5,229 | $7,099-26.3% | $6,431-18.7% | $4,231+23.6% |
| Admin fee / account holder | $23 | $187-87.7% | $11,856-99.8% | $114-79.8% |