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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK NY Service code 15 · EIN 13-3646501 | Recordkeeping | $1,846 |
MERIDIAN WEALTH PARTNERS LLC5 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 | $40,187 | $82,163-51.1% | $125,363-67.9% | $64,814-38.0% |
| Participation rate | 51.1% | 77.9%-26.7pp | 82.4%-31.2pp | 71.5%-20.3pp |
| Annual return | -16.26% | 3.49%-19.8pp | 572.15%-588.4pp | 32.84%-49.1pp |
| Employer contribution / active EE | $2,441 | $3,616-32.5% | $4,815-49.3% | $2,507-2.6% |
| Participant deferral / active EE | $4,348 | $7,175-39.4% | $7,447-41.6% | $4,310+0.9% |
| Admin fee / account holder | $20 | $163-87.6% | $10,005-99.8% | $188-89.2% |