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| Provider | Service type | Compensation |
|---|---|---|
INDEPENDENT FINANCIAL GROUP LLC1+ years Filed as: INDEPENDENT FINANCIAL GROUP, LLC Service code 13 12671 HIGH BLUFF DRIVE, SUITE 200 · SAN DIEGO, CA 92130 | Contract Administrator | $13,000 |
QBI, LLC1+ years Service code 27 · EIN 26-2768667 | Advisory (Plan) | $1,250 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $262 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,507 | $51,769+67.1% | $57,356+50.8% | $52,331+65.3% |
| Participation rate | 93.1% | 75.2%+17.8pp | 75.1%+18.0pp | 68.1%+25.0pp |
| Annual return | 0.25% | 2.43%-2.2pp | 24.41%-24.2pp | 4.54%-4.3pp |
| Employer contribution / active EE | $5,397 | $2,335+131.1% | $2,689+100.7% | $1,882+186.8% |
| Participant deferral / active EE | $5,976 | $2,794+113.9% | $3,162+89.0% | $3,022+97.8% |
| Admin fee / account holder | $119 | $295-59.5% | $3,357-96.4% | $592-79.8% |