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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 27-0645757 590 W CENTRE AVE · PORTAGE, MI 49024 | Advisory (Participants) | $28,767 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,369 |
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 | $65,024 | $110,083-40.9% | $151,628-57.1% | $68,495-5.1% |
| Participation rate | 94.7% | 84.0%+10.7pp | 87.5%+7.2pp | 67.9%+26.8pp |
| Annual return | -15.49% | -10.12%-5.4pp | 3.34%-18.8pp | -7.84%-7.7pp |
| Employer contribution / active EE | $3,422 | $4,470-23.4% | $6,165-44.5% | $2,596+31.8% |
| Participant deferral / active EE | $7,604 | $6,526+16.5% | $8,363-9.1% | $4,028+88.8% |
| Admin fee / account holder | $491 | $7,718-93.6% | $11,613-95.8% | $5,403-90.9% |