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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $15,201 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $33,311 | $62,324-46.6% | $68,509-51.4% | $55,191-39.6% |
| Participation rate | 64.2% | 78.9%-14.7pp | 74.7%-10.5pp | 69.2%-4.9pp |
| Annual return | 3.93% | 4.26%-0.3pp | 8.27%-4.3pp | 10.78%-6.8pp |
| Employer contribution / active EE | $1,608 | $2,223-27.6% | $2,278-29.4% | $1,899-15.3% |
| Participant deferral / active EE | $2,779 | $3,425-18.9% | $3,382-17.8% | $3,046-8.8% |
| Admin fee / account holder | $28 | $91-69.2% | $5,275-99.5% | $91-69.0% |