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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $1,743 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $164,267 | $72,554+126.4% | $138,135+18.9% | $73,497+123.5% |
| Participation rate | 96.1% | 74.8%+21.3pp | 78.7%+17.4pp | 70.7%+25.4pp |
| Annual return | 11.40% | 17.50%-6.1pp | 20.51%-9.1pp | 28.51%-17.1pp |
| Employer contribution / active EE | $3,842 | $3,511+9.4% | $5,587-31.2% | $2,270+69.2% |
| Participant deferral / active EE | $6,320 | $4,908+28.8% | $6,431-1.7% | $3,740+69.0% |
| Admin fee / account holder | $319 | $464-31.3% | $11,856-97.3% | $513-37.8% |