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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS. COMPANY Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $34,474 |
Filed as: RAYMOND JAMES FSA INC Service code 26 · EIN 59-2937883 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716 | Advisory (Participants) | $22,995 |
Filed as: FLYNN, SHOJINAGA & ASSOCIATES Service code 99 1320 HARBOR BAY PKWY SUITE 210 · ALAMEDA, CA 94502 | Other Fees | $5,275 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,896 | $78,607+22.0% | $105,624-9.2% | $74,478+28.8% |
| Participation rate | 54.0% | 72.8%-18.8pp | 75.3%-21.2pp | 67.2%-13.2pp |
| Annual return | 13.35% | 15.96%-2.6pp | 116.20%-102.9pp | 1370.56%-1357.2pp |
| Employer contribution / active EE | $1,342 | $2,523-46.8% | $3,168-57.6% | $2,626-48.9% |
| Participant deferral / active EE | $2,745 | $4,325-36.5% | $5,013-45.2% | $4,350-36.9% |
| Admin fee / account holder | $502 | $2,220-77.4% | $10,961-95.4% | $1,946-74.2% |