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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS- QBI Service code 15 PO BOX 734602 · CHICAGO, IL 60673 | Recordkeeping | $6,850 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $3,795 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,796 | $56,485-47.3% | $185,823-84.0% | $86,799-65.7% |
| Participation rate | 75.0% | 65.5%+9.5pp | 81.7%-6.7pp | 72.3%+2.7pp |
| Annual return | 11.67% | 118.04%-106.4pp | 122.05%-110.4pp | 97.91%-86.2pp |
| Employer contribution / active EE | $1,323 | $1,843-28.2% | $5,167-74.4% | $2,405-45.0% |
| Participant deferral / active EE | $2,852 | $2,553+11.7% | $5,568-48.8% | $4,131-31.0% |
| Admin fee / account holder | $9 | $150-93.7% | $16,237-99.9% | $170-94.4% |