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| Provider | Service type | Compensation |
|---|---|---|
QBI, LLC1 year Service code 14 · EIN 26-2768667 21031 VENTURA BLVD., 12TH FLOOR · WOODLAND HILLS, CA 91364 | Plan Administrator | $1,925 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $472 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $89,788 | $58,726+52.9% | $92,240-2.7% | $62,293+44.1% |
| Participation rate | 63.2% | 68.3%-5.2pp | 76.5%-13.3pp | 69.5%-6.4pp |
| Annual return | 19.97% | 43.62%-23.6pp | 176.29%-156.3pp | 28.90%-8.9pp |
| Employer contribution / active EE | $146 | $2,392-93.9% | $3,680-96.0% | $2,042-92.8% |
| Participant deferral / active EE | $4,088 | $2,766+47.8% | $3,897+4.9% | $3,169+29.0% |
| Admin fee / account holder | $24 | $556-95.6% | $5,194-99.5% | $479-94.9% |