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| Provider | Service type | Compensation |
|---|---|---|
EDWARD JONES1 year Filed as: EDWARD D. JONES & CO, L.P. Service code 26 · EIN 43-0345811 | Advisory (Participants) | $3,711 |
Filed as: WILSHIRE ASSOC INC USA Service code 26 · EIN 95-2755361 | Advisory (Participants) | $149 |
Filed as: JOHN HANCOCK LIFE INS CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $50 |
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 a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,768 | $73,823-84.1% | $379,746-96.9% | $73,493-84.0% |
| Participation rate | 49.0% | 73.1%-24.2pp | 78.4%-29.5pp | 70.7%-21.7pp |
| Annual return | 26.50% | 29.06%-2.6pp | 34.90%-8.4pp | 28.51%-2.0pp |
| Employer contribution / active EE | $587 | $2,472-76.2% | $3,540-83.4% | $2,270-74.1% |
| Participant deferral / active EE | $2,143 | $4,038-46.9% | $6,024-64.4% | $3,740-42.7% |
| Admin fee / account holder | $114 | $607-81.3% | $7,927-98.6% | $513-77.9% |