| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 13 · EIN 01-0233346 | Contract Administrator | $149,273 |
ALAN BILLER & ASSOCIATES1+ years Filed as: ALAN D. BILLER & ASSOCIATES, INC. Service code 27 · EIN 94-2854958 | Advisory (Plan) | $77,758 |
Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 13 · EIN 52-2206685 | Contract Administrator | $63,865 |
BKD, LLP1+ years Service code 10 · EIN 44-0160260 | Accounting | $16,288 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $54,146 | $67,505-19.8% | $73,309-26.1% | $67,505-19.8% |
| Participation rate | 17.1% | 71.2%-54.1pp | 74.9%-57.8pp | 71.2%-54.1pp |
| Annual return | 0.35% | 6.52%-6.2pp | 5.67%-5.3pp | 6.52%-6.2pp |
| Employer contribution / active EE | $422 | $2,173-80.6% | $3,237-87.0% | $2,173-80.6% |
| Participant deferral / active EE | $610 | $3,597-83.0% | $4,991-87.8% | $3,597-83.0% |
| Admin fee / account holder | $129 | $56+129.2% | $5,635-97.7% | $56+129.2% |