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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $4,426 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $59,679 | $65,118-8.4% | $76,768-22.3% | $55,725+7.1% |
| Participation rate | 68.8% | 79.6%-10.8pp | 77.0%-8.1pp | 70.9%-2.0pp |
| Annual return | 21.84% | -1.27%+23.1pp | 2.43%+19.4pp | 244.93%-223.1pp |
| Employer contribution / active EE | $1,971 | $1,941+1.5% | $2,485-20.7% | $2,078-5.2% |
| Participant deferral / active EE | $5,506 | $3,688+49.3% | $3,852+43.0% | $3,356+64.1% |
| Admin fee / account holder | $155 | $116+34.0% | $6,675-97.7% | $115+34.8% |