Filed March 10, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $179,881 |
Filed as: GALLAGHER BENEFIT SERVICES INC Service code 27 · EIN 36-4291971 | Advisory (Plan) | $70,000 |
PLANTE & MORAN, PLLC2 years Filed as: PLANTE AND MORAN Service code 10 19176 HALL ROAD · CLINTON TOWNSHIP, MI 48038 | Accounting | $18,500 |
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 | $55,933 | $2,687,218-97.9% | $165,071-66.1% | $199,960-72.0% |
| Participation rate | 95.8% | 78.3%+17.5pp | 78.6%+17.1pp | 72.0%+23.8pp |
| Annual return | 14.63% | 17.94%-3.3pp | 70.17%-55.5pp | 34.28%-19.7pp |
| Employer contribution / active EE | $1,294 | $2,958-56.2% | $4,347-70.2% | $3,036-57.4% |
| Participant deferral / active EE | $5,577 | $5,002+11.5% | $6,035-7.6% | $5,087+9.6% |
| Admin fee / account holder | $139 | $1,988-93.0% | $12,695-98.9% | $269-48.5% |