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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS. Service code 15 · EIN 01-0233346 | Recordkeeping | $68,054 |
Filed as: CAMBRIDGE INVESTMENT GROUP, INC Service code 27 · EIN 20-1665305 | Advisory (Plan) | $28,000 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,401 | $92,090-57.2% | $106,201-62.9% | $77,671-49.3% |
| Participation rate | 97.9% | 81.0%+16.8pp | 75.3%+22.6pp | 70.6%+27.3pp |
| Annual return | 13.36% | 17.89%-4.5pp | 116.26%-102.9pp | 31.21%-17.8pp |
| Employer contribution / active EE | $648 | $3,368-80.8% | $3,170-79.5% | $2,726-76.2% |
| Participant deferral / active EE | $4,561 | $5,386-15.3% | $5,012-9.0% | $4,648-1.9% |
| Admin fee / account holder | $188 | $219-14.2% | $11,039-98.3% | $430-56.3% |