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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $6,373 |
MERRIL LYNCH3+ years Filed as: MERILL LYNCH Service code 26 | Advisory (Participants) | $3,122 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,655 | $55,437-79.0% | $155,534-92.5% | $74,459-84.3% |
| Participation rate | 46.3% | 61.9%-15.6pp | 78.2%-31.9pp | 67.2%-20.9pp |
| Annual return | 11.20% | 269.58%-258.4pp | 64.92%-53.7pp | 1369.70%-1358.5pp |
| Employer contribution / active EE | $876 | $2,266-61.4% | $4,675-81.3% | $2,626-66.7% |
| Participant deferral / active EE | $1,354 | $2,837-52.3% | $5,630-75.9% | $4,350-68.9% |
| Admin fee / account holder | $57 | $1,742-96.7% | $15,900-99.6% | $1,945-97.0% |