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| Provider | Service type | Compensation |
|---|---|---|
LAUREL WEALTH ADVISORS2 years Service code 27 8008 GIRARD AVE · LA JOLLA, CA 92037 | Advisory (Plan) | $40,480 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $30,632 |
Service code 27 200 5TH AVENUE SUITE 4010 · WALTHAM, MA 02451 | Advisory (Plan) | $14,375 |
Filed as: MILLENNIUM INVT & RET ADVISORS, LLC Service code 26 13850 BALLANTYNE CORPORATE PL · CHARLOTTE, NC 28277 | Advisory (Participants) | $2,887 |
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 | $74,735 | $93,010-19.6% | $96,538-22.6% | $74,473+0.4% |
| Participation rate | 58.3% | 71.6%-13.2pp | 74.3%-16.0pp | 70.7%-12.4pp |
| Annual return | 15.79% | 37.50%-21.7pp | 35.74%-20.0pp | 34.36%-18.6pp |
| Employer contribution / active EE | $5,976 | $3,427+74.4% | $3,740+59.8% | $2,638+126.5% |
| Participant deferral / active EE | $1,836 | $3,971-53.8% | $4,880-62.4% | $4,530-59.5% |
| Admin fee / account holder | $331 | $633-47.7% | $6,737-95.1% | $347-4.6% |