Filed February 25, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $181,721 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $172,108 | $211,459-18.6% | $119,258+44.3% | $93,010+85.0% |
| Participation rate | 93.2% | 94.1%-0.9pp | 82.7%+10.4pp | 73.9%+19.3pp |
| Annual return | 11.77% | 39.10%-27.3pp | 30.69%-18.9pp | 158.70%-146.9pp |
| Employer contribution / active EE | $6,120 | $5,958+2.7% | $4,384+39.6% | $2,705+126.2% |
| Participant deferral / active EE | $7,816 | $9,654-19.0% | $6,111+27.9% | $4,561+71.4% |
| Admin fee / account holder | $44 | $124-64.7% | $7,226-99.4% | $152-71.2% |