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 | $1,569 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,887 | $46,332-13.9% | $143,797-72.3% | $64,824-38.5% |
| Participation rate | 63.7% | 64.2%-0.6pp | 80.3%-16.6pp | 71.5%-7.8pp |
| Annual return | -13.69% | -10.05%-3.6pp | -0.04%-13.6pp | 32.84%-46.5pp |
| Employer contribution / active EE | $908 | $1,911-52.5% | $4,952-81.7% | $2,507-63.8% |
| Participant deferral / active EE | $2,323 | $2,647-12.2% | $5,638-58.8% | $4,311-46.1% |
| Admin fee / account holder | $198 | $154+28.4% | $14,679-98.7% | $188+5.2% |