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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 01-0233346 | Advisory (Participants) | $21,604 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $1,656 |
Filed as: WILSHIRE ASSOCIATES Service code 26 · EIN 01-0233346 | Advisory (Participants) | $1,309 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,833 | $89,652-27.7% | $141,197-54.1% | $65,186-0.5% |
| Participation rate | 75.7% | 74.7%+1.0pp | 82.5%-6.8pp | 70.2%+5.5pp |
| Annual return | 20.19% | 32.79%-12.6pp | 71.41%-51.2pp | 29.39%-9.2pp |
| Employer contribution / active EE | $0 | $3,065-100.0% | $4,736-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $4,519 | $5,691-20.6% | $6,710-32.7% | $3,514+28.6% |
| Admin fee / account holder | $427 | $569-24.9% | $10,265-95.8% | $847-49.6% |