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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $25,176 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $18,245 |
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).
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 | $21,621 | $70,435-69.3% | $96,575-77.6% | $85,856-74.8% |
| Participation rate | 86.3% | 61.8%+24.5pp | 69.8%+16.5pp | 69.3%+17.0pp |
| Annual return | 14.47% | 18.59%-4.1pp | 37.79%-23.3pp | 318.58%-304.1pp |
| Employer contribution / active EE | $6,832 | $1,413+383.5% | $2,357+189.9% | $2,565+166.3% |
| Participant deferral / active EE | $3,299 | $2,894+14.0% | $3,849-14.3% | $3,952-16.5% |
| Admin fee / account holder | $225 | $4,997-95.5% | $6,182-96.4% | $6,261-96.4% |