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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 | $79,189+7.5% | $102,457-16.9% | $74,400+14.4% |
| Participation rate | 88.4% | 74.8%+13.6pp | 76.5%+11.9pp | 67.2%+21.1pp |
| Annual return | 16.57% | 54.98%-38.4pp | 29.41%-12.8pp | 1367.51%-1350.9pp |
| Employer contribution / active EE | $3,441 | $2,362+45.7% | $3,022+13.9% | $2,624+31.1% |
| Participant deferral / active EE | $5,279 | $4,415+19.6% | $5,054+4.4% | $4,348+21.4% |
| Admin fee / account holder | $311 | $2,002-84.5% | $9,451-96.7% | $1,944-84.0% |