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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS. CO Service code 15 · EIN 01-0233346 | Recordkeeping | $1,797 |
Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 | Advisory (Participants) | $704 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,507 | $61,356-50.3% | $149,696-79.6% | $71,511-57.3% |
| Participation rate | 61.0% | 62.5%-1.6pp | 78.8%-17.8pp | 67.9%-7.0pp |
| Annual return | 21.29% | 35.86%-14.6pp | 134.46%-113.2pp | 28.86%-7.6pp |
| Employer contribution / active EE | $1,562 | $2,382-34.4% | $4,821-67.6% | $2,589-39.7% |
| Participant deferral / active EE | $2,624 | $2,920-10.1% | $5,682-53.8% | $4,291-38.8% |
| Admin fee / account holder | $305 | $1,263-75.9% | $13,212-97.7% | $1,588-80.8% |