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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $26,958 |
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 | $45,176 | $134,045-66.3% | $80,022-43.5% | $75,289-40.0% |
| Participation rate | 67.1% | 85.8%-18.7pp | 75.8%-8.7pp | 72.4%-5.3pp |
| Annual return | 17.23% | -0.56%+17.8pp | 11.22%+6.0pp | -0.04%+17.3pp |
| Employer contribution / active EE | $2,177 | $3,492-37.7% | $2,468-11.8% | $2,405-9.5% |
| Participant deferral / active EE | $3,949 | $4,976-20.6% | $3,686+7.1% | $3,739+5.6% |
| Admin fee / account holder | $31 | $124-74.7% | $6,521-99.5% | $102-69.4% |