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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $9,028 |
QUALIFIED PLANS, LLC5 years Filed as: QUALIFIED PLAN CONSULTANTS, LLC Service code 17 4949 WESTOWN PARKWAY STE 110 · WEST DES MOINES, IA 502666716 | Pension Consulting | $3,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $144,234 | $88,203+63.5% | $165,100-12.6% | $74,478+93.7% |
| Participation rate | 96.4% | 73.1%+23.3pp | 78.6%+17.8pp | 67.2%+29.2pp |
| Annual return | 18.60% | 17.13%+1.5pp | 70.21%-51.6pp | 1370.56%-1352.0pp |
| Employer contribution / active EE | $2,564 | $2,601-1.4% | $4,348-41.0% | $2,626-2.4% |
| Participant deferral / active EE | $5,830 | $4,505+29.4% | $6,035-3.4% | $4,350+34.0% |
| Admin fee / account holder | $432 | $2,235-80.7% | $12,696-96.6% | $1,946-77.8% |