Filed November 22, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $33,534 |
Service code 10 · EIN 04-3728817 | Accounting | $6,500 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,964 | $58,778+197.7% | $129,207+35.4% | $77,643+125.3% |
| Participation rate | 36.2% | 59.2%-23.1pp | 69.6%-33.4pp | 70.6%-34.4pp |
| Annual return | 10.31% | 24.73%-14.4pp | 9417.33%-9407.0pp | 31.24%-20.9pp |
| Employer contribution / active EE | $1,566 | $1,952-19.8% | $4,153-62.3% | $2,726-42.6% |
| Participant deferral / active EE | $3,679 | $3,212+14.5% | $4,168-11.7% | $4,647-20.8% |
| Admin fee / account holder | $377 | $589-36.1% | $7,715-95.1% | $430-12.5% |