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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $34,346 |
Filed as: WILSHIRE ASSOCIATES, INC. Service code 26 · EIN 95-2755361 | Advisory (Participants) | $1,892 |
SETAWAY LLC1 year Service code 50 · EIN 46-5055797 | Direct Payment | $1,275 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $41,169 | $86,298-52.3% | $111,308-63.0% | $85,847-52.0% |
| Participation rate | 67.1% | 73.3%-6.3pp | 77.3%-10.2pp | 69.3%-2.2pp |
| Annual return | 32.39% | 19.99%+12.4pp | 54.67%-22.3pp | 318.61%-286.2pp |
| Employer contribution / active EE | $1,761 | $2,044-13.8% | $2,732-35.5% | $2,565-31.4% |
| Participant deferral / active EE | $3,824 | $3,641+5.0% | $4,487-14.8% | $3,952-3.2% |
| Admin fee / account holder | $357 | $8,189-95.6% | $7,965-95.5% | $6,261-94.3% |