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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIRMENT PLAN SERVICE Service code 15 · EIN 01-0233346 | Recordkeeping | $199,549 |
Filed as: BLUE RIDGE ASSOCIATES Service code 17 7230 LEE DEFOREST DRIVE · COLUMBIA, MD 21046 | Pension Consulting | $79,000 |
RBC WEALTH MANAGEMENT3+ years Service code 26 2800 QUARRY LAKE DRIVE · BALTIMORE, MD 21209 | Advisory (Participants) | $55,000 |
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,171 | $53,216+99.5% | $155,534-31.7% | $199,960-46.9% |
| Participation rate | 98.1% | 64.1%+34.0pp | 78.2%+19.9pp | 72.0%+26.1pp |
| Annual return | 13.23% | 41.18%-27.9pp | 64.92%-51.7pp | 34.28%-21.1pp |
| Employer contribution / active EE | $7,917 | $1,848+328.3% | $4,675+69.4% | $3,036+160.8% |
| Participant deferral / active EE | $6,831 | $3,164+115.9% | $5,630+21.3% | $5,087+34.3% |
| Admin fee / account holder | $207 | $186+11.6% | $15,900-98.7% | $269-23.0% |