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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 04-2675571 | Advisory (Participants) | $47,336 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 13-3646501 | Recordkeeping | $1,708 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $109,098 | $89,438+22.0% | $164,928-33.9% | $77,692+40.4% |
| Participation rate | 49.6% | 78.6%-29.0pp | 78.6%-29.0pp | 70.6%-21.0pp |
| Annual return | 13.94% | 28.82%-14.9pp | 70.08%-56.1pp | 31.25%-17.3pp |
| Employer contribution / active EE | $1,971 | $2,567-23.2% | $4,343-54.6% | $2,726-27.7% |
| Participant deferral / active EE | $4,098 | $4,901-16.4% | $6,034-32.1% | $4,648-11.8% |
| Admin fee / account holder | $608 | $340+79.0% | $12,684-95.2% | $431+41.2% |