Filed November 14, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 27 13850 BALLANTYNE CORPORATE PLACE · CHARLOTTE, NC 28277 | Advisory (Plan) | $23,094 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $18,087 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 880 CARILLION PARKWAY · ST. PETERSBURG, FL 33716 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $9,698,966 | $60,119+16033.0% | $90,430+10625.4% | $79,858+12045.3% |
| Participation rate | 0.0% | 65.0%-65.0pp | 72.7%-72.7pp | 69.6%-69.6pp |
| Annual return | 17.15% | 71.94%-54.8pp | 1293.73%-1276.6pp | 31.72%-14.6pp |
| Employer contribution / active EE | $8,925 | $2,068+331.6% | $3,262+173.6% | $2,471+261.2% |
| Participant deferral / active EE | $6,981 | $2,938+137.6% | $3,963+76.2% | $3,740+86.7% |
| Admin fee / account holder | $41,181 | $3,976+935.7% | $5,613+633.6% | $5,306+676.1% |