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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: ACCESS RETIREMENT SERVICES Service code 15 · EIN 62-1700633 | Recordkeeping | $7,651 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $1,586 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $41,211 | $62,267-33.8% | $110,243-62.6% | $55,725-26.0% |
| Participation rate | 100.0% | 78.1%+21.9pp | 79.8%+20.2pp | 70.9%+29.1pp |
| Annual return | -8.51% | -1.07%-7.4pp | 314.76%-323.3pp | 244.93%-253.4pp |
| Employer contribution / active EE | $2,382 | $1,941+22.7% | $3,827-37.8% | $2,078+14.6% |
| Participant deferral / active EE | $3,091 | $3,516-12.1% | $4,672-33.8% | $3,356-7.9% |
| Admin fee / account holder | $305 | $121+152.3% | $8,548-96.4% | $115+164.8% |