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| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINES2 years Filed as: EDELMAN FINANCIAL ENGINES LLC Service code 64 · EIN 47-5324976 | Recordkeeping Fees | $31,228 |
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 64 · EIN 01-0233346 | Recordkeeping Fees | $18,737 |
Service code 13 · EIN 20-3039384 3251 ESPLANADE · CHICO, CA 95973 | Contract Administrator | $15,169 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,741 | $76,696-11.7% | $96,538-29.8% | $71,529-5.3% |
| Participation rate | 92.1% | 66.6%+25.6pp | 74.3%+17.8pp | 67.9%+24.2pp |
| Annual return | 12.49% | 48.32%-35.8pp | 35.74%-23.2pp | 28.97%-16.5pp |
| Employer contribution / active EE | $7,021 | $3,032+131.6% | $3,740+87.7% | $2,590+171.1% |
| Participant deferral / active EE | $2,686 | $3,770-28.7% | $4,880-45.0% | $4,291-37.4% |
| Admin fee / account holder | $335 | $2,030-83.5% | $6,737-95.0% | $1,588-78.9% |