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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS. Service code 15 · EIN 01-0233346 | Recordkeeping | $12,271 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $77,542 | $52,293+48.3% | $178,499-56.6% | $73,412+5.6% |
| Participation rate | 99.5% | 65.3%+34.2pp | 81.9%+17.6pp | 72.2%+27.3pp |
| Annual return | 16.52% | 34.75%-18.2pp | 151.10%-134.6pp | 59.30%-42.8pp |
| Employer contribution / active EE | $3,262 | $1,735+88.0% | $5,011-34.9% | $2,234+46.0% |
| Participant deferral / active EE | $9,821 | $2,332+321.1% | $5,202+88.8% | $3,806+158.1% |
| Admin fee / account holder | $12 | $127-90.8% | $13,986-99.9% | $158-92.6% |