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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $190 |
QBI, LLC1 year Service code 14 21031 VENTURA BLVD 12TH FLOOR · WOODLAND HILLS, CA 913642203 | Plan Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $35,690 | $73,102-51.2% | $123,553-71.1% | $56,289-36.6% |
| Participation rate | 69.9% | 74.3%-4.4pp | 82.3%-12.4pp | 69.9%+0.1pp |
| Annual return | -6.43% | 3.01%-9.4pp | 119.21%-125.6pp | -9.96%+3.5pp |
| Employer contribution / active EE | $1,972 | $2,977-33.8% | $4,628-57.4% | $2,111-6.6% |
| Participant deferral / active EE | $3,704 | $5,423-31.7% | $6,426-42.4% | $3,350+10.6% |
| Admin fee / account holder | $6 | $554-98.9% | $9,284-99.9% | $521-98.8% |