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| Provider | Service type | Compensation |
|---|---|---|
LEGACY ADVISORS LLC1 year Filed as: LEGACY ADVISORS Service code 26 · EIN 06-1659806 401 PLYMOUTH ROAD · PLYMOUTH MEETING, PA 19462 | Advisory (Participants) | $23,391 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $318 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,977 | $72,272-58.5% | $101,264-70.4% | $79,858-62.5% |
| Participation rate | 89.0% | 68.5%+20.6pp | 75.8%+13.2pp | 69.6%+19.4pp |
| Annual return | 16.45% | 22.30%-5.8pp | 46.48%-30.0pp | 31.72%-15.3pp |
| Employer contribution / active EE | $2,968 | $2,692+10.3% | $3,660-18.9% | $2,471+20.1% |
| Participant deferral / active EE | $4,233 | $3,282+29.0% | $4,370-3.1% | $3,740+13.2% |
| Admin fee / account holder | $310 | $4,401-93.0% | $5,947-94.8% | $5,306-94.2% |