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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CORNERSTONE ADVISORS ASSET MGMNT Service code 26 · EIN 75-3204798 | Advisory (Participants) | $22,000 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $900 |
Filed as: THE PARAGON ALLIANCE GROUP LLC Service code 14 PO BOX 24926 · NEW YORK, NY 100874926 | Plan Administrator | $720 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,251 | $62,177-38.5% | $81,370-53.0% | $74,478-48.6% |
| Participation rate | 54.9% | 64.1%-9.2pp | 69.5%-14.6pp | 67.2%-12.3pp |
| Annual return | 11.34% | 16.62%-5.3pp | 24.85%-13.5pp | 1370.56%-1359.2pp |
| Employer contribution / active EE | $1,241 | $1,881-34.1% | $2,464-49.7% | $2,626-52.8% |
| Participant deferral / active EE | $2,648 | $3,219-17.7% | $3,885-31.8% | $4,350-39.1% |
| Admin fee / account holder | $298 | $1,927-84.6% | $5,749-94.8% | $1,946-84.7% |