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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY11+ years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $36,056 |
WELLTH ADVISORY SERVICES LLC2 years Filed as: WELLTH ADVISORY SERVICES, LLC Service code 26 DBA STRATEGIC RETIREMENT PARTNERS · ANNAOPOLIS, MD 21401 | Advisory (Participants) | $33,109 |
Service code 13 · EIN 25-1408612 311 MAIN STREET · IRWIN, PA 15642 | Contract Administrator | $7,946 |
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 | $72,900 | $83,369-12.6% | $105,223-30.7% | $67,986+7.2% |
| Participation rate | 98.4% | 56.3%+42.1pp | 75.0%+23.3pp | 57.2%+41.2pp |
| Annual return | 17.34% | 24.64%-7.3pp | 180.65%-163.3pp | 31.67%-14.3pp |
| Employer contribution / active EE | $2,031 | $2,541-20.1% | $3,689-44.9% | $2,019+0.6% |
| Participant deferral / active EE | $6,014 | $3,295+82.5% | $5,072+18.6% | $3,358+79.1% |
| Admin fee / account holder | $360 | $4,073-91.2% | $8,859-95.9% | $3,203-88.8% |