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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 22 · EIN 52-2206685 | Insurance Broker | $700 |
Filed as: JOHN HANCOCK Service code 37 · EIN 01-0233346 | Loan Processing | $50 |
NYL SECURITIES1 year Service code 27 777 MAIN STREET, SUITE 3800 · FORT WORTH, TX 76102 | Advisory (Plan) | $0 |
Filed as: NYLIFE SECURITIES Service code 55 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $59,398 | $46,732+27.1% | $156,551-62.1% | $55,167+7.7% |
| Participation rate | 61.6% | 65.8%-4.2pp | 84.0%-22.4pp | 69.0%-7.4pp |
| Annual return | 9.87% | 17.72%-7.8pp | 32.23%-22.4pp | 169.23%-159.4pp |
| Employer contribution / active EE | $535 | $2,105-74.6% | $5,501-90.3% | $1,963-72.7% |
| Participant deferral / active EE | $3,961 | $2,204+79.7% | $4,871-18.7% | $3,054+29.7% |
| Admin fee / account holder | $5 | $418-98.8% | $13,028-100.0% | $504-99.0% |