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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 13 · EIN 01-0233346 | Contract Administrator | $48,101 |
SPECTRUM INVESTMENT ADVISORS3 years Service code 26 · EIN 39-1828175 | Advisory (Participants) | $45,762 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $273,013 | $55,470+392.2% | $155,556+75.5% | $74,478+266.6% |
| Participation rate | 98.5% | 61.9%+36.6pp | 78.2%+20.3pp | 67.2%+31.3pp |
| Annual return | 14.96% | 269.80%-254.8pp | 64.84%-49.9pp | 1370.56%-1355.6pp |
| Employer contribution / active EE | $24,898 | $2,267+998.4% | $4,675+432.5% | $2,626+848.0% |
| Participant deferral / active EE | $13,182 | $2,838+364.5% | $5,631+134.1% | $4,350+203.0% |
| Admin fee / account holder | $798 | $1,744-54.3% | $15,885-95.0% | $1,946-59.0% |