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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $14,680 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $10,295 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $41,467 | $26,549+56.2% | $61,501-32.6% | $66,949-38.1% |
| Participation rate | 31.2% | 38.1%-6.9pp | 52.6%-21.4pp | 69.8%-38.6pp |
| Annual return | -15.25% | -16.21%+1.0pp | 339.04%-354.3pp | 1.57%-16.8pp |
| Employer contribution / active EE | $793 | $651+21.8% | $1,160-31.6% | $2,545-68.8% |
| Participant deferral / active EE | $1,723 | $1,338+28.8% | $2,125-18.9% | $4,239-59.4% |
| Admin fee / account holder | $291 | $409-28.9% | $2,132-86.4% | $594-51.0% |