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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK NY Service code 15 · EIN 13-3646501 | Recordkeeping | $1,077 |
MERIDIAN WEALTH PARTNERS LLC3 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.
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 | $35,308 | $100,801-65.0% | $149,730-76.4% | $73,412-51.9% |
| Participation rate | 60.4% | 77.7%-17.3pp | 82.5%-22.1pp | 72.2%-11.8pp |
| Annual return | 57.13% | 265.34%-208.2pp | 276.70%-219.6pp | 59.30%-2.2pp |
| Employer contribution / active EE | $2,330 | $3,312-29.6% | $4,645-49.8% | $2,234+4.3% |
| Participant deferral / active EE | $4,172 | $6,404-34.9% | $6,843-39.0% | $3,806+9.6% |
| Admin fee / account holder | $12 | $181-93.3% | $9,310-99.9% | $158-92.3% |