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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $53,469 |
Filed as: WILSHIRE ASSOCIATES INC. Service code 26 · EIN 95-2755361 | Advisory (Participants) | $3,840 |
SETAWAY LLC5 years Service code 50 · EIN 46-5055797 | Direct Payment | $460 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,019 | $79,867-13.6% | $120,344-42.6% | $64,340+7.3% |
| Participation rate | 77.1% | 63.0%+14.2pp | 76.7%+0.4pp | 55.2%+21.9pp |
| Annual return | 14.91% | 21.10%-6.2pp | 20.30%-5.4pp | 24.14%-9.2pp |
| Employer contribution / active EE | $2,244 | $1,925+16.6% | $3,020-25.7% | $1,862+20.5% |
| Participant deferral / active EE | $4,490 | $3,593+25.0% | $5,135-12.6% | $2,980+50.7% |
| Admin fee / account holder | $470 | $5,039-90.7% | $12,742-96.3% | $3,703-87.3% |