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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $7,988 |
QUALIFIED PLANS, LLC4 years Filed as: QUALIFIED PLAN CONSULTANTS, LLC Service code 17 4949 WESTOWN PARKWAY STE 110 · WEST DES MOINES, IA 502666716 | Pension Consulting | $2,925 |
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 | $131,900 | $83,045+58.8% | $130,026+1.4% | $71,495+84.5% |
| Participation rate | 97.1% | 74.1%+23.0pp | 78.5%+18.6pp | 67.9%+29.1pp |
| Annual return | 25.46% | 20.61%+4.9pp | -137.26%+162.7pp | 28.85%-3.4pp |
| Employer contribution / active EE | $2,613 | $2,623-0.4% | $4,321-39.5% | $2,589+0.9% |
| Participant deferral / active EE | $6,379 | $4,436+43.8% | $5,821+9.6% | $4,291+48.7% |
| Admin fee / account holder | $379 | $1,727-78.1% | $10,608-96.4% | $1,588-76.1% |