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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL7 years Filed as: LPL FINANCIAL LLC Service code 26 · EIN 04-3046611 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121 | Advisory (Participants) | $98,686 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 601 CONGRESS STREET · BOSTON, MA 02116 | Recordkeeping | $2,462 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,161 | $89,465+74.5% | $165,071-5.4% | $77,736+100.9% |
| Participation rate | 12.0% | 78.6%-66.6pp | 78.6%-66.6pp | 70.6%-58.6pp |
| Annual return | 12.22% | 28.86%-16.6pp | 70.17%-57.9pp | 31.26%-19.0pp |
| Employer contribution / active EE | $1,073 | $2,565-58.2% | $4,347-75.3% | $2,728-60.7% |
| Participant deferral / active EE | $2,898 | $4,904-40.9% | $6,035-52.0% | $4,651-37.7% |
| Admin fee / account holder | $510 | $340+50.1% | $12,695-96.0% | $433+17.7% |