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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $145,896 |
LOCKTON INVESTMENT ADVISORS, LLC4+ years Service code 27 DEPT 999224 · KANSAS CITY, ME 64121 | Advisory (Plan) | $98,984 |
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.
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 | $86,021 | $75,388+14.1% | $123,549-30.4% | $55,725+54.4% |
| Participation rate | 76.1% | 75.7%+0.4pp | 82.3%-6.2pp | 70.9%+5.2pp |
| Annual return | -6.60% | 4.48%-11.1pp | 119.20%-125.8pp | 244.93%-251.5pp |
| Employer contribution / active EE | $735 | $3,063-76.0% | $4,628-84.1% | $2,078-64.6% |
| Participant deferral / active EE | $8,038 | $5,651+42.2% | $6,426+25.1% | $3,356+139.5% |
| Admin fee / account holder | $350 | $120+192.5% | $9,284-96.2% | $115+204.2% |