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| Provider | Service type | Compensation |
|---|---|---|
Service code 10 FILE 1404 · PASADENA, CA 911991404 | Accounting | $11,500 |
Filed as: MERRILL LYNCH Service code 70 · EIN 94-1687665 | Consulting Fees | $5,000 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $2,300 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $98,400 | $75,388+30.5% | $123,553-20.4% | $55,727+76.6% |
| Participation rate | 68.1% | 75.7%-7.5pp | 82.3%-14.2pp | 70.9%-2.7pp |
| Annual return | -9.69% | 4.48%-14.2pp | 119.21%-128.9pp | 244.94%-254.6pp |
| Employer contribution / active EE | $4,565 | $3,063+49.0% | $4,628-1.4% | $2,078+119.7% |
| Participant deferral / active EE | $9,902 | $5,651+75.2% | $6,426+54.1% | $3,356+195.1% |
| Admin fee / account holder | $27 | $120-77.4% | $9,284-99.7% | $115-76.5% |