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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 | $101,499+153.0% | $147,005+74.7% | $74,546+244.5% |
| Participation rate | 77.4% | 75.5%+1.8pp | 82.2%-4.8pp | 67.2%+10.1pp |
| Annual return | 14.91% | 8732.34%-8717.4pp | 418.76%-403.9pp | 1366.03%-1351.1pp |
| Employer contribution / active EE | $0 | $3,811-100.0% | $4,934-100.0% | $2,624-100.0% |
| Participant deferral / active EE | $7,856 | $7,304+7.5% | $8,070-2.7% | $4,347+80.7% |
| Admin fee / account holder | $1,315 | $1,748-24.8% | $13,006-89.9% | $1,944-32.3% |