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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 | $53,259+33.0% | $100,712-29.7% | $100,573-29.6% |
| Participation rate | 95.8% | 66.2%+29.6pp | 69.3%+26.6pp | 70.9%+24.9pp |
| Annual return | 15.43% | 9.92%+5.5pp | 33.27%-17.8pp | 18.89%-3.5pp |
| Employer contribution / active EE | $718 | $1,492-51.9% | $2,313-69.0% | $3,763-80.9% |
| Participant deferral / active EE | $4,746 | $1,977+140.0% | $4,085+16.2% | $4,921-3.6% |
| Admin fee / account holder | $265 | $528-49.8% | $9,256-97.1% | $454-41.6% |