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| Provider | Service type | Compensation |
|---|---|---|
MARINER LLC2 years Filed as: MARINER WEALTH ADVISORS, LLC Service code 26 · EIN 20-4553256 5700 W. 112TH STREET · OVERLAND PARK, KS 66211 | Advisory (Participants) | $10,065 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $644 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,015 | $61,166-26.4% | $185,837-75.8% | $79,393-43.3% |
| Participation rate | 34.4% | 66.6%-32.2pp | 81.7%-47.3pp | 70.7%-36.3pp |
| Annual return | 15.30% | 19.45%-4.2pp | 122.08%-106.8pp | 116.87%-101.6pp |
| Employer contribution / active EE | $997 | $2,321-57.1% | $5,168-80.7% | $2,428-58.9% |
| Participant deferral / active EE | $1,859 | $2,789-33.4% | $5,568-66.6% | $4,046-54.1% |
| Admin fee / account holder | $451 | $710-36.4% | $16,241-97.2% | $627-28.0% |