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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $45,147 |
Filed as: WELLTH ADVISORY SERVICES, LLC Service code 26 DBA STRATEGIC RETIREMENT PARTNERS · ANNAPOLIS, MD 21401 | Advisory (Participants) | $14,852 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 26 · EIN 47-1411118 4340 REDWOOD HIGHWAY, SUITE B-60 · SAN RAFAEL, CA 94903 | Advisory (Participants) | $13,149 |
Service code 13 · EIN 25-1408612 311 MAIN STREET · IRWIN, PA 15642 | Contract Administrator | $6,720 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,273 | $80,781-26.6% | $102,437-42.1% | $74,478-20.4% |
| Participation rate | 97.9% | 65.7%+32.2pp | 74.5%+23.4pp | 67.2%+30.6pp |
| Annual return | 14.69% | 27.58%-12.9pp | 24.95%-10.3pp | 1370.56%-1355.9pp |
| Employer contribution / active EE | $1,873 | $3,160-40.7% | $3,871-51.6% | $2,626-28.7% |
| Participant deferral / active EE | $5,851 | $3,862+51.5% | $5,060+15.6% | $4,350+34.5% |
| Admin fee / account holder | $391 | $2,372-83.5% | $8,388-95.3% | $1,946-79.9% |