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| Provider | Service type | Compensation |
|---|---|---|
JAMISON MONEY FARMER PC1 year Filed as: JAMISON MONEY FARMER Service code 10 · EIN 63-0933119 | Accounting | $10,305 |
Service code 10 · EIN 59-3560915 | Accounting | $5,720 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $5,409 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,060 | $93,131-81.7% | $106,555-84.0% | $86,821-80.4% |
| Participation rate | 75.6% | 81.4%-5.9pp | 76.1%-0.6pp | 72.3%+3.3pp |
| Annual return | 17.89% | 19.45%-1.6pp | 26.80%-8.9pp | 97.94%-80.1pp |
| Employer contribution / active EE | $1,818 | $2,895-37.2% | $2,819-35.5% | $2,406-24.4% |
| Participant deferral / active EE | $2,185 | $4,708-53.6% | $4,399-50.3% | $4,132-47.1% |
| Admin fee / account holder | $192 | $145+32.7% | $7,408-97.4% | $170+13.5% |