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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,675 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,000 | $71,142+40.6% | $119,622-16.4% | $64,819+54.3% |
| Participation rate | 44.1% | 78.6%-34.5pp | 79.3%-35.1pp | 71.5%-27.3pp |
| Annual return | -18.18% | -10.01%-8.2pp | -14.98%-3.2pp | 32.84%-51.0pp |
| Employer contribution / active EE | $1,233 | $2,497-50.6% | $4,232-70.9% | $2,507-50.8% |
| Participant deferral / active EE | $3,922 | $4,490-12.6% | $5,601-30.0% | $4,311-9.0% |
| Admin fee / account holder | $590 | $162+264.1% | $10,328-94.3% | $188+214.3% |