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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SHEPHERD FINANCIAL INVESTMENTS Service code 26 111 CONGRESSIONAL BOULEVARD · CARMEL, IN 46032 | Advisory (Participants) | $48,483 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $9,525 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,464 | $120,321-46.4% | $147,117-56.2% | $99,313-35.1% |
| Participation rate | 58.6% | 73.4%-14.8pp | 82.2%-23.6pp | 71.7%-13.1pp |
| Annual return | 23.20% | 28.95%-5.7pp | 420.54%-397.3pp | 17.67%+5.5pp |
| Employer contribution / active EE | $1,635 | $4,158-60.7% | $4,932-66.8% | $3,264-49.9% |
| Participant deferral / active EE | $3,940 | $8,044-51.0% | $8,065-51.1% | $5,346-26.3% |
| Admin fee / account holder | $124 | $150-17.5% | $12,993-99.0% | $109+13.6% |