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| Provider | Service type | Compensation |
|---|---|---|
Service code 10 · EIN 26-1570786 | Accounting | $5,467 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $130 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $69,274 | $54,245+27.7% | $93,727-26.1% | $77,762-10.9% |
| Participation rate | 89.6% | 63.9%+25.6pp | 68.7%+20.9pp | 70.6%+19.0pp |
| Annual return | 15.60% | 30.58%-15.0pp | 133.83%-118.2pp | 31.27%-15.7pp |
| Employer contribution / active EE | $2,443 | $1,168+109.2% | $2,421+0.9% | $2,728-10.4% |
| Participant deferral / active EE | $4,119 | $3,144+31.0% | $4,417-6.8% | $4,651-11.4% |
| Admin fee / account holder | $387 | $575-32.8% | $8,292-95.3% | $433-10.7% |