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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0577649 45946 CORTE CARMELLO · TEMECULA, CA 92592 | Recordkeeping | $8,150 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $5,225 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $56,785 | $79,955-29.0% | $98,461-42.3% | $75,173-24.5% |
| Participation rate | 94.4% | 70.4%+24.1pp | 75.2%+19.3pp | 67.2%+27.2pp |
| Annual return | 15.85% | 19.75%-3.9pp | 21.17%-5.3pp | 160.72%-144.9pp |
| Employer contribution / active EE | $5,555 | $2,264+145.3% | $3,049+82.2% | $2,671+108.0% |
| Participant deferral / active EE | $24,912 | $3,752+563.9% | $4,738+425.8% | $4,126+503.7% |
| Admin fee / account holder | $568 | $6,841-91.7% | $8,961-93.7% | $5,651-89.9% |