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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 59-3331424 3030 N ROCKY POINT, SUITE 700 · TAMPA, FL 33607 | Advisory (Participants) | $16,556 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $342 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $35,073 | $61,214-42.7% | $83,327-57.9% | $56,289-37.7% |
| Participation rate | 46.6% | 72.6%-26.0pp | 77.8%-31.2pp | 69.9%-23.3pp |
| Annual return | -5.29% | 0.42%-5.7pp | 10.64%-15.9pp | -9.96%+4.7pp |
| Employer contribution / active EE | $433 | $1,925-77.5% | $3,379-87.2% | $2,111-79.5% |
| Participant deferral / active EE | $4,517 | $5,091-11.3% | $5,565-18.8% | $3,350+34.8% |
| Admin fee / account holder | $148 | $512-71.1% | $7,540-98.0% | $521-71.7% |