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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $306,120 |
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 | $78,499 | $27,322+187.3% | $74,725+5.0% | $82,204-4.5% |
| Participation rate | 40.6% | 31.7%+8.9pp | 54.5%-13.8pp | 73.4%-32.8pp |
| Annual return | 103.03% | 28.26%+74.8pp | 753.24%-650.2pp | 26.31%+76.7pp |
| Employer contribution / active EE | $1,275 | $324+293.5% | $1,084+17.6% | $2,707-52.9% |
| Participant deferral / active EE | $2,219 | $909+144.1% | $1,961+13.1% | $4,246-47.7% |
| Admin fee / account holder | $82 | $86-4.4% | $3,335-97.5% | $76+8.9% |