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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $27,341 |
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $19,506 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,177 | $49,451-57.2% | $79,580-73.4% | $66,938-68.4% |
| Participation rate | 73.8% | 61.3%+12.5pp | 69.5%+4.3pp | 69.8%+4.0pp |
| Annual return | -17.24% | 84.25%-101.5pp | 0.15%-17.4pp | 1.58%-18.8pp |
| Employer contribution / active EE | $5,318 | $1,266+320.2% | $2,413+120.4% | $2,545+109.0% |
| Participant deferral / active EE | $2,182 | $3,159-30.9% | $3,985-45.3% | $4,238-48.5% |
| Admin fee / account holder | $247 | $595-58.4% | $6,835-96.4% | $594-58.4% |