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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $52,202 |
BRICKWORK FINANCIAL PLANNING2 years Service code 26 · EIN 27-1366503 | Advisory (Participants) | $17,056 |
Filed as: HOWARD SIMON & ASSOCIATES Service code 15 304 SAUNDERS ROAD · RIVERWOODS, IL 60015 | Recordkeeping | $9,247 |
Service code 26 · EIN 99-2539506 | Advisory (Participants) | $7,156 |
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 | $119,289 | $86,940+37.2% | $102,434+16.5% | $80,935+47.4% |
| Participation rate | 84.0% | 72.4%+11.7pp | 76.5%+7.5pp | 67.7%+16.4pp |
| Annual return | 32.44% | 18.89%+13.5pp | 29.46%+3.0pp | 35.66%-3.2pp |
| Employer contribution / active EE | $2,606 | $2,370+10.0% | $3,023-13.8% | $2,757-5.5% |
| Participant deferral / active EE | $8,016 | $4,121+94.5% | $5,055+58.6% | $4,299+86.4% |
| Admin fee / account holder | $669 | $8,047-91.7% | $9,462-92.9% | $6,924-90.3% |