Filed September 11, 2019 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $40,804 |
ERNST & YOUNG LLP2+ years Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596 | Accounting | $17,000 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $86,498 | $98,217-11.9% | $105,754-18.2% | $63,975+35.2% |
| Participation rate | 86.2% | 81.9%+4.3pp | 78.9%+7.3pp | 71.1%+15.1pp |
| Annual return | 7.94% | 20.18%-12.2pp | 12.25%-4.3pp | 48.65%-40.7pp |
| Employer contribution / active EE | $2,428 | $4,802-49.4% | $4,079-40.5% | $2,182+11.3% |
| Participant deferral / active EE | $4,317 | $6,019-28.3% | $5,326-18.9% | $3,356+28.6% |
| Admin fee / account holder | $35 | $70-50.4% | $8,309-99.6% | $70-50.8% |