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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $104,509 |
BAKER TILLY US, LLP2 years Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 50 · EIN 39-0859910 | Direct Payment | $12,126 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 70 690 CANTON STREET · WESTWOOD, MA 02090 | Consulting Fees | $9,998 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,136 | $110,699-65.6% | $177,840-78.6% | $90,274-57.8% |
| Participation rate | 84.8% | 88.3%-3.6pp | 87.7%-3.0pp | 73.4%+11.4pp |
| Annual return | 19.29% | 22.79%-3.5pp | 48.32%-29.0pp | 53.97%-34.7pp |
| Employer contribution / active EE | $841 | $4,118-79.6% | $5,919-85.8% | $2,523-66.7% |
| Participant deferral / active EE | $4,092 | $6,731-39.2% | $7,714-47.0% | $4,231-3.3% |
| Admin fee / account holder | $196 | $90+117.8% | $12,431-98.4% | $114+71.9% |