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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $31,142 |
Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 27 24 E COTA ST. STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $23,874 |
Service code 27 24 E COTA ST. SUITE 100 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $8,392 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $130,885 | $102,429+27.8% | $147,096-11.0% | $80,925+61.7% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 13.74% | 135.02%-121.3pp | 419.75%-406.0pp | 35.65%-21.9pp |
| Employer contribution / active EE | $7,322 | $3,716+97.1% | $4,936+48.3% | $2,756+165.6% |
| Participant deferral / active EE | $14,836 | $6,649+123.1% | $8,071+83.8% | $4,299+245.1% |
| Admin fee / account holder | $507 | $7,957-93.6% | $13,005-96.1% | $6,940-92.7% |