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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $276 |
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 | $37,474 | $46,072-18.7% | $69,779-46.3% | $55,167-32.1% |
| Participation rate | 38.3% | 67.5%-29.2pp | 71.8%-33.6pp | 69.0%-30.7pp |
| Annual return | 6.27% | 8.68%-2.4pp | 12.99%-6.7pp | 169.23%-163.0pp |
| Employer contribution / active EE | $771 | $1,500-48.6% | $2,338-67.0% | $1,963-60.7% |
| Participant deferral / active EE | $1,136 | $2,344-51.5% | $2,931-61.2% | $3,054-62.8% |
| Admin fee / account holder | $77 | $428-82.0% | $4,381-98.2% | $504-84.7% |