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| Provider | Service type | Compensation |
|---|---|---|
Service code 50 FILE 1404 · PASADENA, CA 911991404 | Direct Payment | $13,478 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $1,525 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,623 | $95,417+72.5% | $135,974+21.1% | $74,460+121.1% |
| Participation rate | 65.3% | 78.2%-12.9pp | 81.9%-16.6pp | 70.7%-5.4pp |
| Annual return | 18.92% | 32.76%-13.8pp | 68.30%-49.4pp | 34.38%-15.5pp |
| Employer contribution / active EE | $5,686 | $3,878+46.6% | $4,859+17.0% | $2,638+115.5% |
| Participant deferral / active EE | $12,272 | $7,789+57.5% | $7,760+58.1% | $4,530+170.9% |
| Admin fee / account holder | $17 | $266-93.6% | $10,767-99.8% | $348-95.1% |