Filed May 17, 2023
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| Provider | Service type | Compensation |
|---|---|---|
CORNERSTONE ADVISORS ASSET MGMT1+ years Filed as: CORNERSTONE INSTITUTIONAL Service code 26 · EIN 27-2218037 | Advisory (Participants) | $0 |
Filed as: JOHN HANCOCK LIFE INS. CO. (U.S.A.) Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Filed as: PARAGON ALLIANCE GROUP, LLC Service code 17 · EIN 23-3044062 | Pension Consulting | $0 |
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,411 | $48,277+93.5% | $63,244+47.7% | $55,191+69.2% |
| Participation rate | 78.4% | 69.4%+9.0pp | 71.0%+7.3pp | 69.2%+9.2pp |
| Annual return | 1.24% | 2.37%-1.1pp | -70.31%+71.6pp | 10.78%-9.5pp |
| Employer contribution / active EE | $4,694 | $1,592+194.9% | $2,322+102.2% | $1,899+147.2% |
| Participant deferral / active EE | $3,581 | $2,432+47.2% | $2,953+21.2% | $3,046+17.5% |
| Admin fee / account holder | $14 | $86-84.1% | $5,893-99.8% | $91-84.9% |