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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK NY Service code 15 · EIN 13-3646501 | Recordkeeping | $4,069 |
MERIDIAN WEALTH PARTNERS LLC7 years Service code 26 · EIN 81-5475391 653 SKIPPACK PIKE · BLUE BELL, PA 19422 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,465 | $101,672-25.8% | $147,117-48.7% | $74,478+1.3% |
| Participation rate | 63.2% | 75.5%-12.4pp | 82.2%-19.0pp | 67.2%-4.1pp |
| Annual return | 16.09% | 8757.83%-8741.7pp | 420.54%-404.4pp | 1370.56%-1354.5pp |
| Employer contribution / active EE | $3,553 | $3,813-6.8% | $4,932-28.0% | $2,626+35.3% |
| Participant deferral / active EE | $6,788 | $7,305-7.1% | $8,065-15.8% | $4,350+56.0% |
| Admin fee / account holder | $38 | $1,753-97.8% | $12,993-99.7% | $1,946-98.0% |