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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIC OF NEW YORK Service code 15 · EIN 13-3646501 | Recordkeeping | $430 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $256,784 | $101,591+152.8% | $147,096+74.6% | $74,429+245.0% |
| Participation rate | 77.4% | 75.5%+1.8pp | 82.2%-4.8pp | 67.2%+10.1pp |
| Annual return | 14.91% | 8746.45%-8731.5pp | 419.75%-404.8pp | 1368.38%-1353.5pp |
| Employer contribution / active EE | $0 | $3,813-100.0% | $4,936-100.0% | $2,625-100.0% |
| Participant deferral / active EE | $7,856 | $7,302+7.6% | $8,071-2.7% | $4,348+80.7% |
| Admin fee / account holder | $1,315 | $1,750-24.9% | $13,005-89.9% | $1,944-32.4% |