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| Provider | Service type | Compensation |
|---|---|---|
EDWARD JONES1 year Filed as: EDWARD D. JONES & CO., L.P. Service code 28 · EIN 43-0345811 | Investment Management | $31,233 |
Filed as: JOHN HANCOCK TRUST COMPANY, LLC Service code 15 · EIN 01-0233346 | Recordkeeping | $27,485 |
UNITED 401(K) PLANS, INC.2+ years Service code 14 · EIN 20-5321813 | Plan Administrator | $16,335 |
Filed as: WILSHIRE ASSOCIATES INC. Service code 28 · EIN 95-2755361 | Investment Management | $2,499 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $40,729 | $86,897-53.1% | $151,645-73.1% | $64,824-37.2% |
| Participation rate | 63.7% | 87.3%-23.6pp | 87.5%-23.8pp | 71.5%-7.8pp |
| Annual return | -15.79% | -3.57%-12.2pp | 3.34%-19.1pp | 32.84%-48.6pp |
| Employer contribution / active EE | $1,587 | $4,010-60.4% | $6,165-74.3% | $2,507-36.7% |
| Participant deferral / active EE | $6,262 | $6,690-6.4% | $8,363-25.1% | $4,311+45.2% |
| Admin fee / account holder | $255 | $153+66.5% | $11,614-97.8% | $188+35.6% |