Filed January 4, 2021 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,121 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,058 | $56,485-9.6% | $185,823-72.5% | $86,799-41.2% |
| Participation rate | 61.3% | 65.5%-4.2pp | 81.7%-20.4pp | 72.3%-11.0pp |
| Annual return | 13.47% | 118.04%-104.6pp | 122.05%-108.6pp | 97.91%-84.4pp |
| Employer contribution / active EE | $573 | $1,843-68.9% | $5,167-88.9% | $2,405-76.2% |
| Participant deferral / active EE | $2,275 | $2,553-10.9% | $5,568-59.1% | $4,131-44.9% |
| Admin fee / account holder | $241 | $150+60.8% | $16,237-98.5% | $170+41.8% |