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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $27,242 |
MMA SECURITIES LLC3 years Service code 27 · EIN 22-3570392 | Advisory (Plan) | $22,109 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,447 | $102,429-67.3% | $147,096-77.3% | $80,925-58.7% |
| Participation rate | 94.3% | 75.9%+18.5pp | 82.2%+12.1pp | 67.7%+26.7pp |
| Annual return | 11.07% | 135.02%-124.0pp | 419.75%-408.7pp | 35.65%-24.6pp |
| Employer contribution / active EE | $0 | $3,716-100.0% | $4,936-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $10,445 | $6,649+57.1% | $8,071+29.4% | $4,299+143.0% |
| Admin fee / account holder | $312 | $7,957-96.1% | $13,005-97.6% | $6,940-95.5% |