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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL9 years Filed as: LPL FINANCIAL LLC Service code 26 · EIN 04-3046611 | Advisory (Participants) | $54,360 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $4,155 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,412 | $65,246-16.6% | $98,716-44.9% | $67,986-20.0% |
| Participation rate | 91.9% | 51.4%+40.5pp | 69.3%+22.6pp | 57.2%+34.7pp |
| Annual return | 15.33% | 20.58%-5.2pp | 31.81%-16.5pp | 31.67%-16.3pp |
| Employer contribution / active EE | $924 | $1,042-11.3% | $2,279-59.4% | $2,019-54.2% |
| Participant deferral / active EE | $4,739 | $2,594+82.7% | $4,048+17.1% | $3,358+41.1% |
| Admin fee / account holder | $448 | $4,561-90.2% | $8,703-94.8% | $3,203-86.0% |