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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $171,529 | $86,922+97.3% | $102,438+67.4% | $80,874+112.1% |
| Participation rate | 66.2% | 72.4%-6.2pp | 76.5%-10.3pp | 67.6%-1.5pp |
| Annual return | 15.26% | 18.90%-3.6pp | 29.37%-14.1pp | 35.62%-20.4pp |
| Employer contribution / active EE | $4,908 | $2,369+107.1% | $3,024+62.3% | $2,756+78.1% |
| Participant deferral / active EE | $7,294 | $4,119+77.1% | $5,054+44.3% | $4,297+69.7% |
| Admin fee / account holder | $1 | $8,050-100.0% | $9,448-100.0% | $6,935-100.0% |