Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N COLLEGE ST · CHARLOTTE, NC 28202 | Advisory (Participants) | $9,804 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 13-3646501 100 SUMMIT LAKE DRIVE · VALHALLA, NY 10595 | Recordkeeping | $5,002 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $29,295 | $60,454-51.5% | $81,844-64.2% | $74,459-60.7% |
| Participation rate | 49.5% | 63.0%-13.5pp | 72.4%-22.9pp | 67.2%-17.8pp |
| Annual return | 11.93% | 16.87%-4.9pp | 778.87%-766.9pp | 1369.70%-1357.8pp |
| Employer contribution / active EE | $267 | $2,630-89.9% | $2,916-90.9% | $2,626-89.8% |
| Participant deferral / active EE | $2,010 | $3,398-40.8% | $4,323-53.5% | $4,350-53.8% |
| Admin fee / account holder | $367 | $1,490-75.4% | $7,355-95.0% | $1,945-81.2% |