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| Provider | Service type | Compensation |
|---|---|---|
MARINER LLC4 years Filed as: MARINER WEALTH ADVISORS, LLC Service code 26 · EIN 20-4553256 5700 W. 112TH STREET · OVERLAND PARK, KS 66211 | Advisory (Participants) | $12,884 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $1,096 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,299 | $61,356-55.5% | $149,696-81.8% | $71,511-61.8% |
| Participation rate | 60.7% | 62.5%-1.8pp | 78.8%-18.0pp | 67.9%-7.2pp |
| Annual return | 23.90% | 35.86%-12.0pp | 134.46%-110.6pp | 28.86%-5.0pp |
| Employer contribution / active EE | $1,043 | $2,382-56.2% | $4,821-78.4% | $2,589-59.7% |
| Participant deferral / active EE | $1,749 | $2,920-40.1% | $5,682-69.2% | $4,291-59.2% |
| Admin fee / account holder | $244 | $1,263-80.7% | $13,212-98.2% | $1,588-84.6% |