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| Provider | Service type | Compensation |
|---|---|---|
BENEFIT PLANNING CONSULTANTS4 years Service code 17 · EIN 32-7481187 2110 CLEARLAKE BLVD · CHAMPAIGN, IL 618228933 | Pension Consulting | $149,444 |
Filed as: SHEPHERD FINANCIAL INVESTMENTS Service code 26 111 CONGRESSIONAL BOULEVARD · CARMEL, IN 46032 | Advisory (Participants) | $80,466 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $5,917 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,915 | $101,523-43.9% | $141,200-59.7% | $77,775-26.8% |
| Participation rate | 53.0% | 77.4%-24.4pp | 82.5%-29.5pp | 73.2%-20.2pp |
| Annual return | 59.07% | 56.22%+2.8pp | 71.41%-12.3pp | 32.58%+26.5pp |
| Employer contribution / active EE | $1,323 | $3,341-60.4% | $4,736-72.1% | $2,504-47.1% |
| Participant deferral / active EE | $2,979 | $6,434-53.7% | $6,710-55.6% | $3,966-24.9% |
| Admin fee / account holder | $0 | $92-100.0% | $10,265-100.0% | $100-100.0% |