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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $25,646 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,754 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $71,274 | $43,133+65.2% | $89,435-20.3% | $73,497-3.0% |
| Participation rate | 80.7% | 55.0%+25.8pp | 68.0%+12.8pp | 70.7%+10.1pp |
| Annual return | 16.74% | 135.66%-118.9pp | 245.55%-228.8pp | 28.51%-11.8pp |
| Employer contribution / active EE | $2,653 | $1,438+84.5% | $2,587+2.5% | $2,270+16.9% |
| Participant deferral / active EE | $5,115 | $2,445+109.2% | $3,890+31.5% | $3,740+36.8% |
| Admin fee / account holder | $403 | $444-9.1% | $4,884-91.7% | $513-21.4% |