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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $46,449 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $28,235 |
EDBERG & PERRY INC1 year Filed as: EDBERG PERRY, LLC Service code 13 · EIN 86-0738258 | Contract Administrator | $14,694 |
Filed as: VOYA FINANCIAL ADVISORS INC Service code 27 · EIN 41-0945505 | Advisory (Plan) | $9,758 |
Service code 17 | Pension Consulting | $22 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $74,563 | $58,895+26.6% | $178,503-58.2% | $73,497+1.5% |
| Participation rate | 100.0% | 66.2%+33.8pp | 81.9%+18.1pp | 70.7%+29.3pp |
| Annual return | 12.78% | 24.86%-12.1pp | 151.12%-138.3pp | 28.51%-15.7pp |
| Employer contribution / active EE | $5,078 | $2,236+127.1% | $5,011+1.3% | $2,270+123.7% |
| Participant deferral / active EE | $5,730 | $2,567+123.2% | $5,202+10.1% | $3,740+53.2% |
| Admin fee / account holder | $395 | $400-1.4% | $13,987-97.2% | $513-23.1% |