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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 | Recordkeeping | $5,080 |
ERISA SERVICES, INC.1 year Filed as: ERISA INC Service code 99 · EIN 36-3180571 | Other Fees | $4,115 |
Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 | Advisory (Participants) | $4,031 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $72,429 | $89,093-18.7% | $102,434-29.3% | $77,736-6.8% |
| Participation rate | 83.8% | 80.9%+2.9pp | 76.5%+7.3pp | 70.6%+13.2pp |
| Annual return | 16.75% | 25.03%-8.3pp | 29.46%-12.7pp | 31.26%-14.5pp |
| Employer contribution / active EE | $2,067 | $2,699-23.4% | $3,023-31.6% | $2,728-24.2% |
| Participant deferral / active EE | $4,026 | $5,147-21.8% | $5,055-20.4% | $4,651-13.4% |
| Admin fee / account holder | $316 | $236+34.1% | $9,462-96.7% | $433-27.0% |