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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $20,037 |
Filed as: SHEPHERD FINANCIAL INVESTMENT ADV Service code 26 · EIN 82-0759826 | Advisory (Participants) | $16,113 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,587 | $82,093-35.9% | $379,746-86.2% | $73,412-28.4% |
| Participation rate | 50.0% | 76.8%-26.8pp | 78.4%-28.4pp | 72.2%-22.2pp |
| Annual return | 14.97% | 18.89%-3.9pp | 34.90%-19.9pp | 59.30%-44.3pp |
| Employer contribution / active EE | $849 | $2,847-70.2% | $3,540-76.0% | $2,234-62.0% |
| Participant deferral / active EE | $1,808 | $4,697-61.5% | $6,024-70.0% | $3,806-52.5% |
| Admin fee / account holder | $204 | $128+60.1% | $7,927-97.4% | $158+29.4% |