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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $16,030 |
LUTZ & COMPANY, PC1 year Service code 50 · EIN 47-0625816 | Direct Payment | $5,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $34,415 | $82,279-58.2% | $78,002-55.9% | $63,975-46.2% |
| Participation rate | 68.5% | 84.7%-16.2pp | 75.5%-7.1pp | 71.1%-2.7pp |
| Annual return | 15.03% | 11.20%+3.8pp | 425.99%-411.0pp | 48.65%-33.6pp |
| Employer contribution / active EE | $1,591 | $3,297-51.7% | $2,470-35.6% | $2,182-27.1% |
| Participant deferral / active EE | $2,742 | $4,538-39.6% | $3,497-21.6% | $3,356-18.3% |
| Admin fee / account holder | $19 | $81-76.2% | $5,481-99.6% | $70-72.4% |