Filed January 13, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $5,636 | $43,999-87.2% | $79,467-92.9% | $55,725-89.9% |
| Participation rate | 32.1% | 66.9%-34.9pp | 73.3%-41.3pp | 70.9%-38.8pp |
| Annual return | -7.39% | 1.81%-9.2pp | 718.30%-725.7pp | 244.93%-252.3pp |
| Employer contribution / active EE | $845 | $1,830-53.8% | $2,800-69.8% | $2,078-59.3% |
| Participant deferral / active EE | $1,254 | $2,538-50.6% | $3,704-66.2% | $3,356-62.6% |
| Admin fee / account holder | $2 | $118-97.9% | $5,104-100.0% | $115-97.9% |