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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERV Service code 15 · EIN 01-0233346 | Recordkeeping | $84,376 |
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).
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 | $165,895 | $50,947+225.6% | $74,549+122.5% | $64,173+158.5% |
| Participation rate | 88.5% | 61.1%+27.5pp | 69.1%+19.4pp | 69.6%+19.0pp |
| Annual return | 10.55% | -1.85%+12.4pp | 32.53%-22.0pp | 7.63%+2.9pp |
| Employer contribution / active EE | $11,212 | $1,115+905.2% | $1,961+471.7% | $2,381+370.9% |
| Participant deferral / active EE | $3,586 | $2,302+55.8% | $3,108+15.4% | $3,470+3.4% |
| Admin fee / account holder | $796 | $4,221-81.1% | $5,059-84.3% | $4,887-83.7% |