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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $34,213 |
Filed as: SHEPHERD FINANCIAL INVESTMENT ADV Service code 26 · EIN 82-0759826 | Advisory (Participants) | $27,976 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,800 | $89,225-34.1% | $133,698-56.0% | $74,478-21.1% |
| Participation rate | 81.7% | 69.4%+12.2pp | 76.4%+5.2pp | 67.2%+14.4pp |
| Annual return | 11.78% | 22.76%-11.0pp | 580.90%-569.1pp | 1370.56%-1358.8pp |
| Employer contribution / active EE | $1,756 | $2,816-37.6% | $4,218-58.4% | $2,626-33.1% |
| Participant deferral / active EE | $3,760 | $4,597-18.2% | $7,016-46.4% | $4,350-13.6% |
| Admin fee / account holder | $302 | $1,545-80.5% | $6,703-95.5% | $1,946-84.5% |