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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,476 | $71,873+66.2% | $86,698+37.8% | $68,490+74.4% |
| Participation rate | 65.6% | 72.2%-6.6pp | 76.6%-11.0pp | 67.9%-2.3pp |
| Annual return | -14.35% | 3.54%-17.9pp | 35.96%-50.3pp | -7.85%-6.5pp |
| Employer contribution / active EE | $5,526 | $2,173+154.3% | $2,837+94.8% | $2,597+112.8% |
| Participant deferral / active EE | $7,557 | $3,779+100.0% | $4,656+62.3% | $4,028+87.6% |
| Admin fee / account holder | $93 | $6,110-98.5% | $7,492-98.8% | $5,403-98.3% |