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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $279,776 |
401K ADVISORS INC6+ years Filed as: 401K BFSG, INC. Service code 27 · EIN 65-1212237 | Advisory (Plan) | $118,988 |
FARBER HASS HURLEY LLP3 years Service code 10 · EIN 20-4207759 | Accounting | $14,962 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $143,650 | $45,719+214.2% | $96,188+49.3% | $93,010+54.4% |
| Participation rate | 68.3% | 45.8%+22.5pp | 68.4%-0.1pp | 73.9%-5.6pp |
| Annual return | 15.57% | 3211.95%-3196.4pp | 192.12%-176.5pp | 158.70%-143.1pp |
| Employer contribution / active EE | $2,687 | $1,139+136.0% | $2,800-4.0% | $2,705-0.7% |
| Participant deferral / active EE | $9,173 | $2,344+291.3% | $4,350+110.9% | $4,561+101.1% |
| Admin fee / account holder | $127 | $128-0.8% | $5,538-97.7% | $152-16.3% |