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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $349,034 |
Filed as: HAUSER RETIREMENT SOLUTIONS Service code 27 · EIN 47-1534832 | Advisory (Plan) | $65,000 |
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.
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 | $39,877 | $128,169-68.9% | $147,117-72.9% | $106,553-62.6% |
| Participation rate | 37.4% | 67.3%-29.9pp | 82.2%-44.7pp | 69.8%-32.4pp |
| Annual return | 21.19% | 17.88%+3.3pp | 420.54%-399.4pp | 17.37%+3.8pp |
| Employer contribution / active EE | $1,069 | $3,374-68.3% | $4,932-78.3% | $3,359-68.2% |
| Participant deferral / active EE | $2,497 | $7,665-67.4% | $8,065-69.0% | $5,562-55.1% |
| Admin fee / account holder | $90 | $88+2.5% | $12,993-99.3% | $80+13.3% |