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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $192,366 |
KNAV CPA LLP1 year Service code 10 · EIN 92-3540684 | Accounting | $30,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $19,483 | $44,898-56.6% | $85,126-77.1% | $199,921-90.3% |
| Participation rate | 69.6% | 45.7%+23.9pp | 67.5%+2.1pp | 72.0%-2.4pp |
| Annual return | 15.31% | 20.98%-5.7pp | 66.63%-51.3pp | 34.28%-19.0pp |
| Employer contribution / active EE | $0 | $1,367-100.0% | $2,731-100.0% | $3,035-100.0% |
| Participant deferral / active EE | $4,056 | $2,670+51.9% | $4,523-10.3% | $5,089-20.3% |
| Admin fee / account holder | $61 | $585-89.6% | $6,160-99.0% | $269-77.4% |