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| Provider | Service type | Compensation |
|---|---|---|
CORNERSTONE ADVISORS ASSET MGMT7+ years Filed as: CORNERSTONE INSTITUTIONAL INVESTORS Service code 26 · EIN 23-2933229 | Advisory (Participants) | $26,183 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $350 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $44,250 | $59,584-25.7% | $86,625-48.9% | $79,389-44.3% |
| Participation rate | 58.9% | 67.7%-8.8pp | 71.6%-12.8pp | 70.7%-11.8pp |
| Annual return | 12.29% | 23.15%-10.9pp | 63.52%-51.2pp | 116.89%-104.6pp |
| Employer contribution / active EE | $1,012 | $1,768-42.8% | $2,496-59.5% | $2,428-58.3% |
| Participant deferral / active EE | $2,296 | $3,036-24.4% | $3,700-37.9% | $4,046-43.2% |
| Admin fee / account holder | $300 | $604-50.3% | $5,830-94.8% | $626-52.0% |