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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC2 years Filed as: HIGHTOWER ADVISORS, LLC Service code 26 · EIN 36-4500709 200 W. MADISON ST. · CHICAGO, IL 60606 | Advisory (Participants) | $27,686 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $3,474 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,591 | $45,109-65.4% | $85,240-81.7% | $77,762-80.0% |
| Participation rate | 77.0% | 48.7%+28.3pp | 67.5%+9.5pp | 70.6%+6.4pp |
| Annual return | 11.23% | 79.55%-68.3pp | 66.75%-55.5pp | 31.27%-20.0pp |
| Employer contribution / active EE | $595 | $1,602-62.9% | $2,735-78.3% | $2,728-78.2% |
| Participant deferral / active EE | $1,541 | $2,814-45.2% | $4,527-66.0% | $4,651-66.9% |
| Admin fee / account holder | $238 | $915-74.0% | $6,165-96.1% | $433-45.0% |