Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER Service code 27 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Advisory (Plan) | $8,729 |
PAYCHEX, INC.2 years Filed as: PAYCHEX Service code 13 911 PANORAMA TRAIL · ROCHESTER, NY 14625 | Contract Administrator | $6,640 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,389 | $73,863+38.6% | $143,797-28.8% | $68,490+49.5% |
| Participation rate | 14.7% | 66.7%-52.0pp | 80.3%-65.7pp | 67.9%-53.2pp |
| Annual return | -17.88% | 0.91%-18.8pp | -0.04%-17.8pp | -7.85%-10.0pp |
| Employer contribution / active EE | $740 | $3,185-76.8% | $4,952-85.1% | $2,597-71.5% |
| Participant deferral / active EE | $1,724 | $3,385-49.1% | $5,638-69.4% | $4,028-57.2% |
| Admin fee / account holder | $481 | $5,756-91.6% | $14,679-96.7% | $5,403-91.1% |