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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $38,236 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $34,826 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $21,424 |
EDBERG & PERRY INC4 years Service code 13 · EIN 86-0738258 | Contract Administrator | $12,725 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $75,164 | $52,961+41.9% | $172,752-56.5% | $65,185+15.3% |
| Participation rate | 100.0% | 66.2%+33.8pp | 82.6%+17.4pp | 70.2%+29.8pp |
| Annual return | 18.27% | 30.12%-11.9pp | 802.97%-784.7pp | 29.38%-11.1pp |
| Employer contribution / active EE | $5,800 | $2,190+164.8% | $5,144+12.8% | $2,177+166.5% |
| Participant deferral / active EE | $5,235 | $2,471+111.8% | $5,198+0.7% | $3,514+49.0% |
| Admin fee / account holder | $345 | $472-26.9% | $13,955-97.5% | $847-59.3% |