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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $178,359 |
Service code 27 200 GALLERIA PKWY SE, SUITE 1950 · ATLANTA, GA 30339 | Advisory (Plan) | $48,237 |
HUNTINGTON NATIONAL BANK4 years Filed as: THE HUNTINGTON NATIONAL BANK Service code 27 · EIN 31-0966785 41 SOUTH HIGH STREET · COLUMBUS, OH 43215 | Advisory (Plan) | $41,112 |
MONROE SWEERIS & TROMP PLC3 years Filed as: MONROE, SWEERIS & TROMP P. L. C. Service code 10 · EIN 38-2621598 6617 CROSSING DRIVE · GRAND RAPIDS, MI 49508 | Accounting | $8,900 |
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 | $45,610 | $112,686-59.5% | $170,043-73.2% | $80,157-43.1% |
| Participation rate | 86.6% | 87.4%-0.7pp | 87.0%-0.4pp | 72.9%+13.7pp |
| Annual return | 28.76% | 67.04%-38.3pp | 53.40%-24.6pp | 40.39%-11.6pp |
| Employer contribution / active EE | $1,151 | $4,481-74.3% | $6,790-83.1% | $2,977-61.4% |
| Participant deferral / active EE | $5,329 | $7,876-32.3% | $10,410-48.8% | $5,015+6.3% |
| Admin fee / account holder | $131 | $99+32.3% | $12,824-99.0% | $145-9.6% |