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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK ENTERPRISE Service code 13 | Contract Administrator | $48,161 |
ANDREW FAIR, ESQ.2 years Filed as: ANDREW TRUONG/ACCTS Service code 13 701 B ST 6TH FLOOR · SAN DIEGO, CA 921018156 | Contract Administrator | $28,755 |
Filed as: ALLIANT INSURANCE SERVICES, INC. Service code 64 | Recordkeeping Fees | $13,161 |
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT SERVICES Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $3,850 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $97,850 | $69,383+41.0% | $101,275-3.4% | $73,497+33.1% |
| Participation rate | 83.3% | 68.4%+15.0pp | 75.8%+7.5pp | 70.7%+12.7pp |
| Annual return | 11.41% | 18.46%-7.1pp | 46.48%-35.1pp | 28.51%-17.1pp |
| Employer contribution / active EE | $22,041 | $2,628+738.6% | $3,660+502.2% | $2,270+870.9% |
| Participant deferral / active EE | $2,521 | $3,301-23.6% | $4,371-42.3% | $3,740-32.6% |
| Admin fee / account holder | $223 | $704-68.3% | $5,948-96.3% | $513-56.5% |