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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 26 1012 11TH ST., STE 200L00R STE A · MODESTO, CA 95356 | Advisory (Participants) | $44,173 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600 | Recordkeeping | $33,130 |
Employer contribution per participant 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 | $56,056 | $76,107-26.3% | $96,576-42.0% | $71,495-21.6% |
| Participation rate | 99.0% | 74.4%+24.6pp | 76.0%+23.1pp | 67.9%+31.1pp |
| Annual return | 16.65% | 22.81%-6.2pp | 25.87%-9.2pp | 28.85%-12.2pp |
| Employer contribution / active EE | $0 | $2,247-100.0% | $2,965-100.0% | $2,589-100.0% |
| Participant deferral / active EE | $7,959 | $4,218+88.7% | $4,851+64.1% | $4,291+85.5% |
| Admin fee / account holder | $202 | $2,708-92.5% | $8,253-97.5% | $1,588-87.3% |