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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 13 · EIN 01-0233346 | Contract Administrator | $35,351 |
SPECTRUM INVESTMENT ADVISORS2 years Service code 26 · EIN 39-1828175 | Advisory (Participants) | $3,414 |
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 | $266,673 | $61,391+334.4% | $149,723+78.1% | $71,529+272.8% |
| Participation rate | 88.5% | 62.5%+25.9pp | 78.8%+9.7pp | 67.9%+20.5pp |
| Annual return | 20.75% | 35.88%-15.1pp | 134.50%-113.7pp | 28.97%-8.2pp |
| Employer contribution / active EE | $18,854 | $2,384+691.0% | $4,821+291.1% | $2,590+628.0% |
| Participant deferral / active EE | $11,757 | $2,921+302.5% | $5,682+106.9% | $4,291+174.0% |
| Admin fee / account holder | $640 | $1,264-49.3% | $13,215-95.2% | $1,588-59.7% |