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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 | Recordkeeping | $2,459 |
LPL FINANCIAL3 years Filed as: LPL FINANCIAL LLC - RPCP Service code 26 · EIN 04-3046611 | Advisory (Participants) | $2,376 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $85,121 | $79,223+7.4% | $102,460-16.9% | $74,478+14.3% |
| Participation rate | 88.4% | 74.8%+13.6pp | 76.5%+11.8pp | 67.2%+21.1pp |
| Annual return | 16.57% | 54.98%-38.4pp | 29.47%-12.9pp | 1370.56%-1354.0pp |
| Employer contribution / active EE | $3,441 | $2,363+45.6% | $3,025+13.7% | $2,626+31.0% |
| Participant deferral / active EE | $5,279 | $4,417+19.5% | $5,056+4.4% | $4,350+21.4% |
| Admin fee / account holder | $311 | $2,003-84.5% | $9,460-96.7% | $1,946-84.0% |