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| Provider | Service type | Compensation |
|---|---|---|
PENSION ASSURANCE LLP1 year Filed as: PENSION BENEFITS UNLIMITED, INC. Service code 13 · EIN 33-0499726 | Contract Administrator | $8,407 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $588 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $20,518 | $32,425-36.7% | $74,577-72.5% | $55,167-62.8% |
| Participation rate | 66.7% | 54.0%+12.7pp | 68.1%-1.4pp | 69.0%-2.3pp |
| Annual return | 8.93% | 10.63%-1.7pp | 20.47%-11.5pp | 169.23%-160.3pp |
| Employer contribution / active EE | $2,547 | $1,043+144.1% | $2,525+0.9% | $1,963+29.8% |
| Participant deferral / active EE | $1,340 | $1,995-32.9% | $3,458-61.3% | $3,054-56.1% |
| Admin fee / account holder | $142 | $748-81.0% | $4,138-96.6% | $504-71.8% |