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| Provider | Service type | Compensation |
|---|---|---|
EDWARD JONES2 years Filed as: EDWARD D. JONES & CO., L.P. Service code 28 · EIN 43-0345811 | Investment Management | $35,677 |
Filed as: JOHN HANCOCK TRUST COMPANY, LLC Service code 15 · EIN 01-0233346 | Recordkeeping | $31,396 |
UNITED 401(K) PLANS, INC.3+ years Service code 14 · EIN 20-5321813 | Plan Administrator | $8,400 |
Filed as: WILSHIRE ASSOCIATES INC. Service code 28 · EIN 95-2755361 | Investment Management | $2,854 |
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.
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 | $41,268 | $100,272-58.8% | $170,057-75.7% | $74,473-44.6% |
| Participation rate | 79.2% | 87.4%-8.2pp | 87.0%-7.8pp | 70.7%+8.4pp |
| Annual return | 17.94% | 66.12%-48.2pp | 53.42%-35.5pp | 34.36%-16.4pp |
| Employer contribution / active EE | $1,628 | $4,266-61.8% | $6,790-76.0% | $2,638-38.3% |
| Participant deferral / active EE | $6,232 | $7,147-12.8% | $10,411-40.1% | $4,530+37.6% |
| Admin fee / account holder | $212 | $235-9.6% | $12,826-98.3% | $347-38.9% |