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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $53,413 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $233 |
CHARLES SCHWAB & CO., INC.3 years Service code 33 | Securities brokerage commissions and ... | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $173,006 | $80,731+114.3% | $103,378+67.4% | $74,400+132.5% |
| Participation rate | 82.1% | 65.7%+16.4pp | 74.5%+7.5pp | 67.2%+14.8pp |
| Annual return | 24.46% | 27.56%-3.1pp | 24.91%-0.4pp | 1367.51%-1343.1pp |
| Employer contribution / active EE | -$259 | $3,159-108.2% | $3,870-106.7% | $2,624-109.9% |
| Participant deferral / active EE | $9,832 | $3,862+154.6% | $5,058+94.4% | $4,348+126.1% |
| Admin fee / account holder | $394 | $2,369-83.4% | $8,401-95.3% | $1,944-79.7% |