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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 | $88,117+63.7% | $164,928-12.5% | $74,400+93.9% |
| Participation rate | 96.4% | 73.1%+23.3pp | 78.6%+17.8pp | 67.2%+29.2pp |
| Annual return | 18.60% | 17.27%+1.3pp | 70.08%-51.5pp | 1367.51%-1348.9pp |
| Employer contribution / active EE | $2,564 | $2,596-1.2% | $4,343-41.0% | $2,624-2.3% |
| Participant deferral / active EE | $5,830 | $4,501+29.5% | $6,034-3.4% | $4,348+34.1% |
| Admin fee / account holder | $432 | $2,230-80.6% | $12,684-96.6% | $1,944-77.8% |