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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERV Service code 15 · EIN 01-0233346 | Recordkeeping | $106,385 |
Filed as: NEW YORK LIFE SECURITIES Service code 55 51 MADISON AVE · NEW YORK, NY 10010 | Other Commissions | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $260,021 | $71,230+265.0% | $93,727+177.4% | $80,959+221.2% |
| Participation rate | 92.0% | 60.4%+31.6pp | 68.7%+23.2pp | 67.7%+24.3pp |
| Annual return | 27.43% | 11.26%+16.2pp | 133.83%-106.4pp | 35.67%-8.2pp |
| Employer contribution / active EE | $12,577 | $1,565+703.5% | $2,421+419.4% | $2,757+356.2% |
| Participant deferral / active EE | $4,212 | $4,037+4.3% | $4,417-4.6% | $4,300-2.1% |
| Admin fee / account holder | $985 | $6,961-85.8% | $8,292-88.1% | $6,925-85.8% |