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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $235,029 |
Service code 27 200 GALLERIA PKWY SE, SUITE 1950 · ATLANTA, GA 30339 | Advisory (Plan) | $118,911 |
MONROE SWEERIS & TROMP PLC4 years Filed as: MONROE, SWEERIS & TROMP P. L. C. Service code 10 · EIN 38-2621598 6617 CROSSING DRIVE · GRAND RAPIDS, MI 49508 | Accounting | $9,800 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,901 | $122,695-56.1% | $184,185-70.7% | $199,874-73.0% |
| Participation rate | 91.1% | 87.0%+4.2pp | 86.8%+4.3pp | 72.0%+19.1pp |
| Annual return | 14.40% | 143.93%-129.5pp | 28.81%-14.4pp | 34.28%-19.9pp |
| Employer contribution / active EE | $1,458 | $4,581-68.2% | $6,426-77.3% | $3,036-52.0% |
| Participant deferral / active EE | $6,436 | $7,983-19.4% | $9,132-29.5% | $5,090+26.4% |
| Admin fee / account holder | $174 | $120+44.4% | $13,909-98.8% | $269-35.4% |