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| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC2 years Service code 26 · EIN 95-3845382 | Advisory (Participants) | $24,711 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $454 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,186 | $42,367+25.5% | $79,580-33.2% | $64,819-17.9% |
| Participation rate | 22.1% | 64.7%-42.6pp | 69.5%-47.4pp | 71.5%-49.4pp |
| Annual return | -17.88% | -12.23%-5.6pp | 0.15%-18.0pp | 32.84%-50.7pp |
| Employer contribution / active EE | $396 | $1,181-66.4% | $2,413-83.6% | $2,507-84.2% |
| Participant deferral / active EE | $895 | $3,170-71.8% | $3,985-77.5% | $4,311-79.2% |
| Admin fee / account holder | $463 | $160+190.1% | $6,835-93.2% | $188+146.5% |