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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P O BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $46,980 |
SAGEVIEW ADVISORY GROUP, LLC2 years Service code 27 4000 MACARTHUR BLVD, SUITE 1050 · NEWPORT BEACH, CA 92660 | Advisory (Plan) | $39,408 |
ACTARIAL BENEFITS CORP2 years Service code 13 2790 SKYPARK DRIVE, SUITE 300 · TORRANCE, CA 90505 | Contract Administrator | $13,144 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,007 | $40,435+224.0% | $80,648+62.4% | $74,473+75.9% |
| Participation rate | 93.7% | 47.4%+46.3pp | 67.0%+26.6pp | 70.7%+22.9pp |
| Annual return | 13.46% | 165.22%-151.8pp | 937.21%-923.8pp | 34.36%-20.9pp |
| Employer contribution / active EE | $3,641 | $1,498+143.1% | $2,724+33.7% | $2,638+38.0% |
| Participant deferral / active EE | $4,176 | $2,673+56.3% | $4,443-6.0% | $4,530-7.8% |
| Admin fee / account holder | $412 | $721-42.8% | $5,382-92.3% | $347+18.7% |