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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 | $86,949+97.3% | $102,460+67.4% | $80,959+111.9% |
| Participation rate | 66.2% | 72.4%-6.2pp | 76.5%-10.3pp | 67.7%-1.5pp |
| Annual return | 15.26% | 18.89%-3.6pp | 29.47%-14.2pp | 35.67%-20.4pp |
| Employer contribution / active EE | $4,908 | $2,370+107.1% | $3,025+62.2% | $2,757+78.0% |
| Participant deferral / active EE | $7,294 | $4,121+77.0% | $5,056+44.3% | $4,300+69.6% |
| Admin fee / account holder | $1 | $8,048-100.0% | $9,460-100.0% | $6,925-100.0% |