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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $875 |
HUNTINGTON NATIONAL BANK2 years Service code 26 · EIN 31-0966785 | Advisory (Participants) | $0 |
Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 26 · EIN 43-1451524 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,129 | $71,526-27.1% | $98,450-47.1% | $71,495-27.1% |
| Participation rate | 57.6% | 72.7%-15.1pp | 75.2%-17.5pp | 67.9%-10.3pp |
| Annual return | 18.34% | 32.42%-14.1pp | 21.16%-2.8pp | 28.85%-10.5pp |
| Employer contribution / active EE | $1,208 | $2,400-49.7% | $3,049-60.4% | $2,589-53.4% |
| Participant deferral / active EE | $3,395 | $4,110-17.4% | $4,739-28.4% | $4,291-20.9% |
| Admin fee / account holder | $200 | $1,675-88.1% | $8,961-97.8% | $1,588-87.4% |