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| Provider | Service type | Compensation |
|---|---|---|
COASTAL PENSION SERVICES1+ years Filed as: COASTAL PENSION SERVICES INC. Service code 15 · EIN 52-1053785 | Recordkeeping | $15,979 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $218 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $12,455 | $27,330-54.4% | $67,704-81.6% | $55,191-77.4% |
| Participation rate | 41.7% | 47.5%-5.9pp | 67.5%-25.8pp | 69.2%-27.5pp |
| Annual return | -2.76% | 8.81%-11.6pp | 25.41%-28.2pp | 10.78%-13.5pp |
| Employer contribution / active EE | $0 | $855-100.0% | $2,559-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $2,216 | $1,709+29.7% | $3,585-38.2% | $3,046-27.2% |
| Admin fee / account holder | $81 | $109-25.9% | $4,255-98.1% | $91-10.8% |