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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $308,403 |
ASCENSUS LLC3 years Filed as: FUTUREPLAN BY ASCENSUS Service code 17 · EIN 32-7481187 PO BOX 7500 · CHAMPAIGN, IL 61826 | Pension Consulting | $124,859 |
Filed as: SHEPHERD FINANCIAL INVESTMENTS Service code 26 111 CONGRESSIONAL BOULEVARD · CARMEL, IN 46032 | Advisory (Participants) | $9,041 |
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 | $61,405 | $121,599-49.5% | $135,998-54.8% | $103,657-40.8% |
| Participation rate | 52.8% | 76.2%-23.5pp | 81.9%-29.2pp | 73.4%-20.6pp |
| Annual return | 21.31% | 26.09%-4.8pp | 68.37%-47.1pp | 33.13%-11.8pp |
| Employer contribution / active EE | $1,846 | $4,627-60.1% | $4,860-62.0% | $3,216-42.6% |
| Participant deferral / active EE | $3,656 | $7,782-53.0% | $7,761-52.9% | $5,218-29.9% |
| Admin fee / account holder | $105 | $76+38.7% | $10,769-99.0% | $114-8.0% |