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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK FINANCIAL Service code 15 · EIN 01-0233346 P.O BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $538 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,819 | $46,745-51.2% | $60,547-62.3% | $52,331-56.4% |
| Participation rate | 37.3% | 58.6%-21.3pp | 68.0%-30.7pp | 68.1%-30.8pp |
| Annual return | 1.40% | 0.61%+0.8pp | 335.64%-334.2pp | 4.54%-3.1pp |
| Employer contribution / active EE | $336 | $1,259-73.3% | $2,419-86.1% | $1,882-82.1% |
| Participant deferral / active EE | $983 | $2,145-54.2% | $3,328-70.5% | $3,022-67.5% |
| Admin fee / account holder | $182 | $537-66.1% | $4,536-96.0% | $592-69.2% |