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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN KESTRA PRIVATE WEALHANCOCK USA Service code 15 · EIN 47-1566880 | Recordkeeping | $23,944 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $2,248 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $39,213 | $91,474-57.1% | $135,982-71.2% | $71,529-45.2% |
| Participation rate | 50.9% | 75.7%-24.8pp | 81.9%-31.1pp | 67.9%-17.1pp |
| Annual return | 29.35% | 29.89%-0.5pp | 68.32%-39.0pp | 28.97%+0.4pp |
| Employer contribution / active EE | $1,917 | $3,705-48.3% | $4,859-60.5% | $2,590-26.0% |
| Participant deferral / active EE | $3,975 | $7,095-44.0% | $7,760-48.8% | $4,291-7.4% |
| Admin fee / account holder | $479 | $1,267-62.2% | $10,767-95.5% | $1,588-69.8% |