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| Provider | Service type | Compensation |
|---|---|---|
TONNESON & COMPANY, PC1 year Filed as: TONNESON & CO. Service code 10 · EIN 04-2943536 | Accounting | $8,500 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 27 C/O MAYFLOWER ADVISORS LLC · BOSTON, MA 02110 | Advisory (Plan) | $7,000 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $3,285 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $127,814 | $86,332+48.0% | $125,180+2.1% | $65,185+96.1% |
| Participation rate | 97.1% | 75.3%+21.8pp | 79.8%+17.3pp | 70.2%+26.9pp |
| Annual return | 12.20% | 27.43%-15.2pp | 43.79%-31.6pp | 29.38%-17.2pp |
| Employer contribution / active EE | $1,903 | $2,040-6.7% | $3,866-50.8% | $2,177-12.6% |
| Participant deferral / active EE | $6,452 | $3,537+82.4% | $4,937+30.7% | $3,514+83.6% |
| Admin fee / account holder | $120 | $609-80.4% | $9,703-98.8% | $847-85.9% |