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| Provider | Service type | Compensation |
|---|---|---|
LAUREL WEALTH ADVISORS1 year Service code 27 8008 GIRARD AVE · LA JOLLA, CA 92037 | Advisory (Plan) | $53,983 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $28,947 |
Filed as: MILLENNIUM INVT & RET ADVISORS, LLC Service code 26 13850 BALLANTYNE CORPORATE PL · CHARLOTTE, NC 28277 | Advisory (Participants) | $2,833 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,968 | $106,236-39.8% | $112,263-43.0% | $64,824-1.3% |
| Participation rate | 60.9% | 71.7%-10.8pp | 75.1%-14.2pp | 71.5%-10.6pp |
| Annual return | -14.95% | -6.02%-8.9pp | 27.49%-42.4pp | 32.84%-47.8pp |
| Employer contribution / active EE | $5,720 | $3,167+80.6% | $3,636+57.3% | $2,507+128.2% |
| Participant deferral / active EE | $1,926 | $3,786-49.1% | $4,729-59.3% | $4,311-55.3% |
| Admin fee / account holder | $341 | $452-24.6% | $6,410-94.7% | $188+81.3% |