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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $955 |
Filed as: MESIROW FINANCIAL Service code 26 · EIN 36-3429599 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,421 | $84,482-14.3% | $125,363-42.2% | $66,930+8.2% |
| Participation rate | 54.5% | 76.4%-22.0pp | 82.4%-27.9pp | 69.8%-15.4pp |
| Annual return | -14.17% | -8.49%-5.7pp | 572.15%-586.3pp | 1.57%-15.7pp |
| Employer contribution / active EE | $405 | $3,553-88.6% | $4,815-91.6% | $2,545-84.1% |
| Participant deferral / active EE | $3,538 | $6,782-47.8% | $7,447-52.5% | $4,238-16.5% |
| Admin fee / account holder | $128 | $685-81.2% | $10,005-98.7% | $593-78.4% |