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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085 | Advisory (Plan) | $61,572 |
Service code 37 · EIN 04-2647786 | Loan Processing | $19,619 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $160,480 | $99,957+60.5% | $149,745+7.2% | $73,497+118.4% |
| Participation rate | 97.2% | 75.7%+21.5pp | 82.5%+14.7pp | 70.7%+26.5pp |
| Annual return | 21.47% | 53.87%-32.4pp | 276.72%-255.3pp | 28.51%-7.0pp |
| Employer contribution / active EE | $2,012 | $3,191-37.0% | $4,646-56.7% | $2,270-11.4% |
| Participant deferral / active EE | $10,566 | $6,073+74.0% | $6,843+54.4% | $3,740+182.5% |
| Admin fee / account holder | $408 | $551-25.9% | $9,312-95.6% | $513-20.5% |