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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $33,404 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,967 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,176 | $79,694-8.2% | $96,171-23.9% | $79,391-7.8% |
| Participation rate | 87.2% | 54.0%+33.2pp | 68.4%+18.8pp | 70.7%+16.5pp |
| Annual return | 14.18% | 40.84%-26.7pp | 192.04%-177.9pp | 116.88%-102.7pp |
| Employer contribution / active EE | $2,861 | $1,443+98.2% | $2,799+2.2% | $2,428+17.8% |
| Participant deferral / active EE | $5,982 | $2,539+135.6% | $4,350+37.5% | $4,046+47.9% |
| Admin fee / account holder | $506 | $630-19.7% | $5,538-90.9% | $627-19.2% |