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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $27,393 |
SECURITIES AMERICA INC1 year Filed as: BB&T SECURITIES, LLC Service code 26 · EIN 20-5817590 | Advisory (Participants) | $2,207 |
Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 | Advisory (Participants) | $240 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $5,841 | $46,966-87.6% | $185,117-96.8% | $69,631-91.6% |
| Participation rate | 69.8% | 65.3%+4.5pp | 77.3%-7.5pp | 70.7%-0.9pp |
| Annual return | 17.24% | 22.36%-5.1pp | 40.50%-23.3pp | 27571.02%-27553.8pp |
| Employer contribution / active EE | $355 | $1,360-73.9% | $4,182-91.5% | $2,032-82.5% |
| Participant deferral / active EE | $1,393 | $3,017-53.8% | $5,045-72.4% | $3,224-56.8% |
| Admin fee / account holder | $123 | $94+31.4% | $8,159-98.5% | $110+11.6% |