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| Provider | Service type | Compensation |
|---|---|---|
CFS INVESTMENT ADVISORY SERVICES8+ years Service code 26 97 LACKAWANNA AVENUE · TOTOWA, NJ 07512 | Advisory (Participants) | $65,511 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 51 · EIN 01-0233346 | Investment Mgmt Fees | $29,993 |
Filed as: PRIME PENSIONS, INC. Service code 13 · EIN 46-1224594 25B VREELAND ROAD - SUITE 209 · FLORHAM PARK, NJ 07932 | Contract Administrator | $15,318 |
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 | $82,746 | $60,989+35.7% | $60,906+35.9% | $66,938+23.6% |
| Participation rate | 71.6% | 74.5%-2.9pp | 73.1%-1.5pp | 69.8%+1.8pp |
| Annual return | -15.83% | -9.60%-6.2pp | 16.94%-32.8pp | 1.58%-17.4pp |
| Employer contribution / active EE | $6,922 | $2,661+160.2% | $2,703+156.1% | $2,545+172.0% |
| Participant deferral / active EE | $2,151 | $3,615-40.5% | $3,814-43.6% | $4,238-49.3% |
| Admin fee / account holder | $550 | $338+62.5% | $3,227-83.0% | $594-7.3% |