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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ALDRICH WEALTH, LP Service code 26 · EIN 93-1244319 | Advisory (Participants) | $43,338 |
Filed as: PRIME RETIREMENT SOLUTIONS INC Service code 13 25B VREELAND ROAD · FLORHAM, NJ 07932 | Contract Administrator | $11,100 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $7,374 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $42,132 | $62,177-32.2% | $81,370-48.2% | $74,478-43.4% |
| Participation rate | 89.1% | 64.1%+25.0pp | 69.5%+19.5pp | 67.2%+21.8pp |
| Annual return | 10.82% | 16.62%-5.8pp | 24.85%-14.0pp | 1370.56%-1359.7pp |
| Employer contribution / active EE | $1,647 | $1,881-12.4% | $2,464-33.1% | $2,626-37.3% |
| Participant deferral / active EE | $2,696 | $3,219-16.3% | $3,885-30.6% | $4,350-38.0% |
| Admin fee / account holder | $354 | $1,927-81.6% | $5,749-93.8% | $1,946-81.8% |