Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 6-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PROVENANCE WEALTH ADVISORS4+ years Service code 26 · EIN 65-0978008 515 EAST LAS OLAS BLVD. · FT. LAUDERDALE, FL 33301 | Advisory (Participants) | $19,678 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO.USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $520 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,103 | $37,463-57.0% | $77,096-79.1% | $66,938-75.9% |
| Participation rate | 73.9% | 52.9%+21.0pp | 67.9%+6.0pp | 69.8%+4.1pp |
| Annual return | 31.38% | -3.25%+34.6pp | 42.35%-11.0pp | 1.58%+29.8pp |
| Employer contribution / active EE | $1,232 | $1,535-19.8% | $2,814-56.2% | $2,545-51.6% |
| Participant deferral / active EE | $3,309 | $2,621+26.2% | $4,429-25.3% | $4,238-21.9% |
| Admin fee / account holder | $432 | $568-23.9% | $5,428-92.0% | $594-27.2% |