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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $25,398 |
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 | $57,653 | $96,403-40.2% | $93,621-38.4% | $77,775-25.9% |
| Participation rate | 66.2% | 87.6%-21.4pp | 75.8%-9.6pp | 73.2%-7.0pp |
| Annual return | 23.38% | 39.36%-16.0pp | 32.76%-9.4pp | 32.58%-9.2pp |
| Employer contribution / active EE | $1,906 | $3,616-47.3% | $2,719-29.9% | $2,504-23.9% |
| Participant deferral / active EE | $3,377 | $5,341-36.8% | $4,070-17.0% | $3,966-14.9% |
| Admin fee / account holder | $24 | $90-73.6% | $7,890-99.7% | $100-76.4% |