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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $10,465 |
Filed as: SENTINEL BENEFITS GROUP Service code 15 · EIN 20-5916766 | Recordkeeping | $1,645 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 P.O. BOX · BUFFALO, NY 142010600 | Recordkeeping | $100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $61,917 | $64,909-4.6% | $82,312-24.8% | $62,293-0.6% |
| Participation rate | 55.3% | 74.9%-19.5pp | 76.9%-21.6pp | 69.5%-14.2pp |
| Annual return | 16.36% | 21.18%-4.8pp | 25.88%-9.5pp | 28.90%-12.5pp |
| Employer contribution / active EE | $1,830 | $1,676+9.2% | $2,428-24.7% | $2,042-10.4% |
| Participant deferral / active EE | $2,850 | $3,103-8.2% | $3,706-23.1% | $3,169-10.1% |
| Admin fee / account holder | $101 | $440-77.0% | $5,608-98.2% | $479-78.9% |