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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 | Recordkeeping | $9,736 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK LIFE INS. Service code 15 · EIN 01-0233346 | Recordkeeping | $120 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,409 | $77,472+7.7% | $100,415-16.9% | $80,959+3.0% |
| Participation rate | 65.5% | 76.9%-11.4pp | 81.5%-16.0pp | 67.7%-2.2pp |
| Annual return | 13.26% | 37.26%-24.0pp | 49.47%-36.2pp | 35.67%-22.4pp |
| Employer contribution / active EE | $0 | $2,800-100.0% | $3,943-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $7,017 | $6,818+2.9% | $8,091-13.3% | $4,300+63.2% |
| Admin fee / account holder | $8 | $5,885-99.9% | $7,906-99.9% | $6,925-99.9% |