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| Provider | Service type | Compensation |
|---|---|---|
NFP RETIREMENT INC3 years Filed as: NFP RETIREMENT, INC. Service code 26 · EIN 33-0905143 | Advisory (Participants) | $19,481 |
Filed as: JOHN HANCOCK LIFE INS. CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $3,839 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $123,387 | $52,961+133.0% | $172,752-28.6% | $65,185+89.3% |
| Participation rate | 99.5% | 66.2%+33.3pp | 82.6%+16.8pp | 70.2%+29.3pp |
| Annual return | 18.75% | 30.12%-11.4pp | 802.97%-784.2pp | 29.38%-10.6pp |
| Employer contribution / active EE | $6,503 | $2,190+196.9% | $5,144+26.4% | $2,177+198.8% |
| Participant deferral / active EE | $4,856 | $2,471+96.5% | $5,198-6.6% | $3,514+38.2% |
| Admin fee / account holder | $731 | $472+54.9% | $13,955-94.8% | $847-13.7% |