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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $13,955 |
ROCKLAND TRUST1+ years Service code 27 2036 WASHINGTON ST · HANOVER, MA 02339 | Advisory (Plan) | $12,753 |
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 | $68,238 | $54,320+25.6% | $67,652+0.9% | $52,331+30.4% |
| Participation rate | 90.8% | 73.6%+17.2pp | 75.7%+15.2pp | 68.1%+22.7pp |
| Annual return | -1.37% | 6.81%-8.2pp | 6625.40%-6626.8pp | 4.54%-5.9pp |
| Employer contribution / active EE | $2,929 | $1,544+89.7% | $2,266+29.3% | $1,882+55.6% |
| Participant deferral / active EE | $5,502 | $2,950+86.5% | $3,560+54.6% | $3,022+82.1% |
| Admin fee / account holder | $359 | $527-31.8% | $4,821-92.6% | $592-39.3% |