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 | $5,008 |
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 | $45,070 | $47,180-4.5% | $149,723-69.9% | $74,473-39.5% |
| Participation rate | 59.2% | 63.4%-4.3pp | 78.8%-19.6pp | 70.7%-11.6pp |
| Annual return | 14.03% | 22.75%-8.7pp | 134.50%-120.5pp | 34.36%-20.3pp |
| Employer contribution / active EE | $1,135 | $1,907-40.5% | $4,821-76.5% | $2,638-57.0% |
| Participant deferral / active EE | $2,310 | $2,730-15.4% | $5,682-59.3% | $4,530-49.0% |
| Admin fee / account holder | $191 | $343-44.3% | $13,215-98.6% | $347-45.0% |