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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK NEW YORK Service code 15 · EIN 13-3646501 | Recordkeeping | $874 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $274,488 | $129,227+112.4% | $184,256+49.0% | $77,762+253.0% |
| Participation rate | 98.5% | 87.4%+11.1pp | 86.8%+11.7pp | 70.6%+27.9pp |
| Annual return | 12.91% | 33.24%-20.3pp | 28.85%-15.9pp | 31.27%-18.4pp |
| Employer contribution / active EE | $30,650 | $4,412+594.6% | $6,427+376.9% | $2,728+1023.5% |
| Participant deferral / active EE | $11,034 | $7,307+51.0% | $9,133+20.8% | $4,651+137.2% |
| Admin fee / account holder | $209 | $256-18.3% | $13,899-98.5% | $433-51.7% |