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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $18,820 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $5,445 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $16,055 | $54,573-70.6% | $90,970-82.4% | $73,497-78.2% |
| Participation rate | 88.2% | 61.2%+27.0pp | 69.0%+19.2pp | 70.7%+17.5pp |
| Annual return | 17.92% | 16.69%+1.2pp | 134.60%-116.7pp | 28.51%-10.6pp |
| Employer contribution / active EE | $7,504 | $991+656.9% | $2,122+253.7% | $2,270+230.6% |
| Participant deferral / active EE | $3,305 | $2,517+31.3% | $3,373-2.0% | $3,740-11.6% |
| Admin fee / account holder | $159 | $521-69.4% | $5,961-97.3% | $513-68.9% |