Filed January 13, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 94-2456320 | Recordkeeping | $37,101 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $6,200 |
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 | $21,739 | $52,960-59.0% | $86,640-74.9% | $80,157-72.9% |
| Participation rate | 25.3% | 62.4%-37.1pp | 71.7%-46.4pp | 72.9%-47.6pp |
| Annual return | 29.48% | 24.84%+4.6pp | 592.52%-563.0pp | 40.39%-10.9pp |
| Employer contribution / active EE | $839 | $2,138-60.7% | $3,024-72.3% | $2,977-71.8% |
| Participant deferral / active EE | $1,420 | $3,226-56.0% | $4,438-68.0% | $5,015-71.7% |
| Admin fee / account holder | $220 | $113+94.3% | $5,616-96.1% | $145+51.7% |