Filed June 16, 2023
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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC6 years Service code 15 · EIN 11-3665754 | Recordkeeping | $30,841 |
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $22,900 |
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 | $50,388 | $54,558-7.6% | $76,002-33.7% | $74,546-32.4% |
| Participation rate | 97.3% | 60.3%+37.0pp | 69.1%+28.2pp | 67.2%+30.1pp |
| Annual return | 33.27% | 31.83%+1.4pp | 360.07%-326.8pp | 1366.03%-1332.8pp |
| Employer contribution / active EE | $3,351 | $1,778+88.5% | $2,688+24.6% | $2,624+27.7% |
| Participant deferral / active EE | $5,730 | $3,065+87.0% | $4,257+34.6% | $4,347+31.8% |
| Admin fee / account holder | $172 | $2,232-92.3% | $6,414-97.3% | $1,944-91.2% |