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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 | $95,438+72.5% | $135,998+21.0% | $74,478+121.0% |
| Participation rate | 65.3% | 78.2%-12.9pp | 81.9%-16.6pp | 70.7%-5.4pp |
| Annual return | 18.92% | 32.61%-13.7pp | 68.37%-49.5pp | 34.37%-15.5pp |
| Employer contribution / active EE | $5,686 | $3,878+46.6% | $4,860+17.0% | $2,637+115.6% |
| Participant deferral / active EE | $12,272 | $7,790+57.5% | $7,761+58.1% | $4,530+170.9% |
| Admin fee / account holder | $17 | $259-93.4% | $10,769-99.8% | $347-95.1% |