Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS CO NEW YORK Service code 15 · EIN 13-3646501 | Recordkeeping | $884 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,173 | $63,471+24.7% | $68,808+15.1% | $66,938+18.3% |
| Participation rate | 43.7% | 60.0%-16.3pp | 69.0%-25.3pp | 69.8%-26.1pp |
| Annual return | -16.51% | -8.29%-8.2pp | -6.37%-10.1pp | 1.58%-18.1pp |
| Employer contribution / active EE | $812 | $1,776-54.3% | $2,656-69.4% | $2,545-68.1% |
| Participant deferral / active EE | $2,201 | $2,946-25.3% | $3,942-44.2% | $4,238-48.1% |
| Admin fee / account holder | $649 | $578+12.4% | $4,936-86.8% | $594+9.4% |