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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERIDIAN MANAGEMENT Service code 26 · EIN 71-0496439 | Advisory (Participants) | $19,927 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $150 |
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 | $48,075 | $102,661-53.2% | $151,645-68.3% | $66,949-28.2% |
| Participation rate | 74.3% | 85.5%-11.3pp | 87.5%-13.2pp | 69.8%+4.4pp |
| Annual return | -12.66% | -10.81%-1.8pp | 3.34%-16.0pp | 1.57%-14.2pp |
| Employer contribution / active EE | $2,435 | $4,184-41.8% | $6,165-60.5% | $2,545-4.3% |
| Participant deferral / active EE | $4,383 | $6,645-34.0% | $8,363-47.6% | $4,239+3.4% |
| Admin fee / account holder | $424 | $630-32.7% | $11,614-96.3% | $594-28.5% |