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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: FUTUREPLAN BY ASCENSUS Service code 17 · EIN 32-7481187 PO BOX 7500 · CHAMPAIGN, IL 61826 | Pension Consulting | $263,367 |
Filed as: SHEPHERD FINANCIAL INVESTMENTS Service code 26 111 CONGRESSIONAL BOULEVARD · CARMEL, IN 46032 | Advisory (Participants) | $115,079 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $6,919 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,726 | $93,773-41.6% | $125,401-56.4% | $78,104-29.9% |
| Participation rate | 51.6% | 75.6%-23.9pp | 82.4%-30.8pp | 74.5%-22.9pp |
| Annual return | -6.93% | 277.78%-284.7pp | 572.53%-579.5pp | 10.90%-17.8pp |
| Employer contribution / active EE | $1,635 | $3,678-55.6% | $4,816-66.1% | $3,128-47.7% |
| Participant deferral / active EE | $3,663 | $6,971-47.5% | $7,448-50.8% | $5,089-28.0% |
| Admin fee / account holder | $129 | $67+92.4% | $10,008-98.7% | $79+63.2% |