| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $821 |
Filed as: MERRILL LYNCH PIERCE FENNER & SMIT Service code 61 · EIN 13-5674085 | Finders' fees / placement fees | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $58,714 | $70,667-16.9% | $123,105-52.3% | $52,331+12.2% |
| Participation rate | 75.0% | 83.7%-8.7pp | 86.8%-11.8pp | 68.1%+6.9pp |
| Annual return | -0.75% | 6.23%-7.0pp | 13.22%-14.0pp | 4.54%-5.3pp |
| Employer contribution / active EE | $0 | $2,946-100.0% | $5,151-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $3,978 | $4,493-11.4% | $6,229-36.1% | $3,022+31.6% |
| Admin fee / account holder | $7 | $506-98.7% | $9,014-99.9% | $592-98.9% |