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| Provider | Service type | Compensation |
|---|---|---|
HORAN SECURITIES INC1 year Filed as: HORAN SECURITIES INC. Service code 26 · EIN 31-1448612 | Advisory (Participants) | $3,113 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $343 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $39,526 | $80,753-51.1% | $136,298-71.0% | $62,293-36.5% |
| Participation rate | 69.3% | 73.5%-4.2pp | 81.9%-12.6pp | 69.5%-0.2pp |
| Annual return | 22.74% | 35.83%-13.1pp | 5156.27%-5133.5pp | 28.90%-6.2pp |
| Employer contribution / active EE | $2,476 | $2,884-14.2% | $4,696-47.3% | $2,042+21.2% |
| Participant deferral / active EE | $4,379 | $5,164-15.2% | $6,247-29.9% | $3,169+38.2% |
| Admin fee / account holder | $52 | $525-90.1% | $9,244-99.4% | $479-89.2% |