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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $268,417 |
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 | $93,209 | $33,283+180.1% | $77,557+20.2% | $93,2230% |
| Participation rate | 41.3% | 33.8%+7.5pp | 54.2%-12.9pp | 74.9%-33.6pp |
| Annual return | 15.90% | 16.24%-0.3pp | 54.83%-38.9pp | 19.29%-3.4pp |
| Employer contribution / active EE | $1,354 | $311+334.8% | $987+37.2% | $2,680-49.5% |
| Participant deferral / active EE | $2,312 | $886+160.9% | $1,861+24.3% | $4,563-49.3% |
| Admin fee / account holder | $80 | $97-17.4% | $2,860-97.2% | $79+1.1% |