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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. NY Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $0 |
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 | $75,455 | $80,753-6.6% | $136,298-44.6% | $62,293+21.1% |
| Participation rate | 63.9% | 73.5%-9.7pp | 81.9%-18.1pp | 69.5%-5.7pp |
| Annual return | 18.40% | 35.83%-17.4pp | 5156.27%-5137.9pp | 28.90%-10.5pp |
| Employer contribution / active EE | $749 | $2,884-74.0% | $4,696-84.0% | $2,042-63.3% |
| Participant deferral / active EE | $3,983 | $5,164-22.9% | $6,247-36.2% | $3,169+25.7% |
| Admin fee / account holder | $164 | $525-68.8% | $9,244-98.2% | $479-65.8% |