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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $34,377 |
Filed as: SHEPHERD FINANCIAL INVESTMENT ADV Service code 26 · EIN 82-0759826 | Advisory (Participants) | $33,090 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $76,420 | $84,685-9.8% | $142,942-46.5% | $67,986+12.4% |
| Participation rate | 69.2% | 61.4%+7.8pp | 76.8%-7.6pp | 57.2%+12.0pp |
| Annual return | 15.28% | 35.89%-20.6pp | 113.70%-98.4pp | 31.67%-16.4pp |
| Employer contribution / active EE | $1,399 | $2,263-38.2% | $4,139-66.2% | $2,019-30.7% |
| Participant deferral / active EE | $2,886 | $3,832-24.7% | $7,128-59.5% | $3,358-14.1% |
| Admin fee / account holder | $350 | $3,229-89.2% | $12,475-97.2% | $3,203-89.1% |