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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK NEW YORK Service code 15 · EIN 13-3646501 | Recordkeeping | $1,074 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,308 | $101,955-41.8% | $112,899-47.5% | $71,511-17.1% |
| Participation rate | 80.8% | 82.1%-1.3pp | 80.5%+0.3pp | 67.9%+12.9pp |
| Annual return | 19.95% | 28.92%-9.0pp | 34.11%-14.2pp | 28.86%-8.9pp |
| Employer contribution / active EE | $6,055 | $4,743+27.7% | $4,566+32.6% | $2,589+133.9% |
| Participant deferral / active EE | $10,023 | $6,771+48.0% | $6,516+53.8% | $4,291+133.6% |
| Admin fee / account holder | $390 | $1,395-72.1% | $7,047-94.5% | $1,588-75.5% |