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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $369,483 |
MERRILL LYNCH PIERCE FENNER & SMITH11+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $77,500 |
WITHUMSMITH+BROWN, PC3 years Service code 27 · EIN 22-2027092 | Advisory (Plan) | $13,998 |
SUILLIVAN TIRE2 years Service code 35 · EIN 04-2682840 | Employee (plan sponsor) | $10,007 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,820 | $57,921+22.3% | $98,716-28.3% | $103,975-31.9% |
| Participation rate | 95.8% | 68.8%+27.1pp | 69.3%+26.5pp | 72.5%+23.3pp |
| Annual return | 15.43% | 13.15%+2.3pp | 31.81%-16.4pp | 19.41%-4.0pp |
| Employer contribution / active EE | $718 | $1,595-55.0% | $2,279-68.5% | $3,722-80.7% |
| Participant deferral / active EE | $4,746 | $2,573+84.4% | $4,048+17.2% | $5,343-11.2% |
| Admin fee / account holder | $265 | $324-18.1% | $8,703-97.0% | $332-20.2% |