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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK NEW YORK Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $956 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $10,391 | $55,453-81.3% | $170,435-93.9% | $62,293-83.3% |
| Participation rate | 94.3% | 66.4%+27.9pp | 83.6%+10.7pp | 69.5%+24.8pp |
| Annual return | 9.10% | 21.38%-12.3pp | 205.94%-196.8pp | 28.90%-19.8pp |
| Employer contribution / active EE | $1,043 | $2,164-51.8% | $5,432-80.8% | $2,042-48.9% |
| Participant deferral / active EE | $891 | $2,303-61.3% | $4,939-82.0% | $3,169-71.9% |
| Admin fee / account holder | $166 | $455-63.6% | $13,881-98.8% | $479-65.4% |