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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346 | Recordkeeping | $19,711 |
NFP RETIREMENT INC1+ years Filed as: NFP ADVISOR SERVICE Service code 16 1250 CAPITAL OF TEXAS HWY · AUSTIN, TX 78746 | Consulting | $11,050 |
Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 13 · EIN 52-2206685 | Contract Administrator | $1,350 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $14,313 | $86,791-83.5% | $115,037-87.6% | $59,188-75.8% |
| Participation rate | 70.7% | 72.8%-2.2pp | 81.4%-10.7pp | 69.4%+1.3pp |
| Annual return | 15.91% | 4.44%+11.5pp | 26.14%-10.2pp | 5.51%+10.4pp |
| Employer contribution / active EE | $4 | $2,950-99.9% | $4,608-99.9% | $2,098-99.8% |
| Participant deferral / active EE | $3,069 | $5,298-42.1% | $6,026-49.1% | $3,265-6.0% |
| Admin fee / account holder | $31 | $95-66.9% | $8,175-99.6% | $92-65.9% |