Filed February 29, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 13 · EIN 01-0233346 | Contract Administrator | $41,006 |
EDWARD JONES6+ years Service code 27 · EIN 43-0345811 | Advisory (Plan) | $27,319 |
Service code 13 21 SE THIRD STREET, SUITE 500 · EVANSVILLE, IN 47708 | Contract Administrator | $13,198 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $1,125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,928 | $64,286-30.1% | $90,970-50.6% | $73,412-38.8% |
| Participation rate | 48.2% | 63.6%-15.4pp | 69.0%-20.8pp | 72.2%-24.0pp |
| Annual return | 14.56% | 21.46%-6.9pp | 134.60%-120.0pp | 59.30%-44.7pp |
| Employer contribution / active EE | $996 | $895+11.3% | $2,122-53.1% | $2,234-55.4% |
| Participant deferral / active EE | $1,713 | $2,453-30.2% | $3,373-49.2% | $3,806-55.0% |
| Admin fee / account holder | $274 | $287-4.7% | $5,961-95.4% | $158+73.3% |