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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,077 |
Filed as: MILLENNIUM TRUST Service code 26 · EIN 94-3428956 | Advisory (Participants) | $598 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,569 | $88,360-74.5% | $145,433-84.5% | $67,986-66.8% |
| Participation rate | 33.0% | 65.5%-32.5pp | 82.1%-49.1pp | 57.2%-24.2pp |
| Annual return | 17.50% | 63.15%-45.7pp | 66.58%-49.1pp | 31.67%-14.2pp |
| Employer contribution / active EE | $0 | $3,054-100.0% | $4,554-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $2,048 | $5,932-65.5% | $7,897-74.1% | $3,358-39.0% |
| Admin fee / account holder | $252 | $3,313-92.4% | $13,129-98.1% | $3,203-92.1% |