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| Provider | Service type | Compensation |
|---|---|---|
USI CONSULTING GROUP1 year Service code 12 · EIN 06-1053228 | Participant loan processing; Recordke... | $1,154 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $44,549 | $59,191-24.7% | $76,767-42.0% | $56,289-20.9% |
| Participation rate | 55.1% | 75.2%-20.1pp | 77.0%-21.8pp | 69.9%-14.7pp |
| Annual return | -5.09% | 6.62%-11.7pp | 2.43%-7.5pp | -9.96%+4.9pp |
| Employer contribution / active EE | $1,039 | $1,759-40.9% | $2,485-58.2% | $2,111-50.8% |
| Participant deferral / active EE | $2,720 | $3,255-16.5% | $3,852-29.4% | $3,350-18.8% |
| Admin fee / account holder | $16 | $489-96.8% | $6,675-99.8% | $521-97.0% |