Filed August 30, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $306,395 |
UBS FINANCIAL SERVICES INC9+ years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $78,000 |
PLANTE & MORAN, PLLC3 years Filed as: PLANTE & MORAN Service code 10 · EIN 38-1357951 | Accounting | $17,500 |
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 | $113,470 | $95,369+19.0% | $135,942-16.5% | $74,440+52.4% |
| Participation rate | 98.2% | 78.2%+20.0pp | 81.9%+16.3pp | 70.7%+27.4pp |
| Annual return | 18.08% | 32.72%-14.6pp | 68.28%-50.2pp | 34.37%-16.3pp |
| Employer contribution / active EE | $3,485 | $3,878-10.1% | $4,858-28.3% | $2,638+32.1% |
| Participant deferral / active EE | $8,770 | $7,788+12.6% | $7,759+13.0% | $4,529+93.7% |
| Admin fee / account holder | $406 | $266+52.4% | $10,764-96.2% | $348+16.7% |