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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $3,150 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $146,735 | $79,209+85.3% | $102,434+43.2% | $74,459+97.1% |
| Participation rate | 77.6% | 74.8%+2.9pp | 76.5%+1.1pp | 67.2%+10.4pp |
| Annual return | 13.01% | 54.98%-42.0pp | 29.46%-16.4pp | 1369.70%-1356.7pp |
| Employer contribution / active EE | $4,365 | $2,362+84.8% | $3,023+44.4% | $2,626+66.2% |
| Participant deferral / active EE | $6,392 | $4,417+44.7% | $5,055+26.4% | $4,350+47.0% |
| Admin fee / account holder | $300 | $2,002-85.0% | $9,462-96.8% | $1,945-84.6% |