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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC7+ years Filed as: ACCESS RETIREMENT SERVICES Service code 15 · EIN 62-1700633 | Recordkeeping | $500 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,491 | $84,936-68.8% | $111,303-76.2% | $79,393-66.6% |
| Participation rate | 72.4% | 75.9%-3.4pp | 77.3%-4.9pp | 70.7%+1.7pp |
| Annual return | 13.78% | 17.45%-3.7pp | 54.66%-40.9pp | 116.87%-103.1pp |
| Employer contribution / active EE | $707 | $1,979-64.3% | $2,731-74.1% | $2,428-70.9% |
| Participant deferral / active EE | $2,183 | $3,888-43.9% | $4,487-51.3% | $4,046-46.0% |
| Admin fee / account holder | $304 | $537-43.3% | $7,966-96.2% | $627-51.4% |