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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $49,694 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 123 LEE ST. NE · DECATUR, AL 35601 | Advisory (Plan) | $28,539 |
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).
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,440 | $50,919-12.7% | $155,556-71.4% | $77,762-42.9% |
| Participation rate | 37.1% | 63.1%-26.0pp | 78.2%-41.2pp | 70.6%-33.5pp |
| Annual return | 15.26% | 34.84%-19.6pp | 64.84%-49.6pp | 31.27%-16.0pp |
| Employer contribution / active EE | $817 | $1,991-59.0% | $4,675-82.5% | $2,728-70.0% |
| Participant deferral / active EE | $1,521 | $2,824-46.1% | $5,631-73.0% | $4,651-67.3% |
| Admin fee / account holder | $273 | $437-37.6% | $15,885-98.3% | $433-37.0% |