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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $1,775 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $141,356 | $82,188+72.0% | $125,401+12.7% | $64,829+118.0% |
| Participation rate | 64.1% | 77.9%-13.8pp | 82.4%-18.3pp | 71.5%-7.4pp |
| Annual return | -15.14% | 3.50%-18.6pp | 572.53%-587.7pp | 32.85%-48.0pp |
| Employer contribution / active EE | $5,037 | $3,617+39.3% | $4,816+4.6% | $2,507+100.9% |
| Participant deferral / active EE | $11,024 | $7,177+53.6% | $7,448+48.0% | $4,312+155.7% |
| Admin fee / account holder | $6 | $163-96.4% | $10,008-99.9% | $188-96.9% |