Filed December 6, 2022 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS Service code 15 · EIN 01-0233346 | Recordkeeping | $193,345 |
NFP RETIREMENT INC3 years Filed as: NFP CORPORATE SERVICES (NM), INC. Service code 28 · EIN 41-1505971 | Investment Management | $45,000 |
CASH BALANCE ACTUARIES, LLC6+ years Service code 11 · EIN 27-3058529 | Actuarial | $22,933 |
CLIFTONLARSONALLEN LLP6+ years Service code 10 · EIN 41-0746749 | Accounting | $14,266 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $129,698 | $56,095+131.2% | $178,510-27.3% | $90,274+43.7% |
| Participation rate | 93.9% | 65.6%+28.3pp | 81.9%+12.0pp | 73.4%+20.5pp |
| Annual return | 54.80% | 28.81%+26.0pp | 151.13%-96.3pp | 53.97%+0.8pp |
| Employer contribution / active EE | $5,473 | $1,572+248.1% | $5,011+9.2% | $2,523+116.9% |
| Participant deferral / active EE | $5,702 | $2,669+113.7% | $5,202+9.6% | $4,231+34.8% |
| Admin fee / account holder | $92 | $101-8.9% | $13,988-99.3% | $114-19.6% |